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Updated over 1 year ago,

User Stats

3
Posts
3
Votes
Don Bible
  • Knoxville
3
Votes |
3
Posts

Depreciation after cost seg study

Don Bible
  • Knoxville
Posted

I’m having a cost segregation study performed this year that will essentially allow me to reduce my taxable income by 20% of the purchase price after subtracting the cost of the raw land.  My question is can I still depreciate the remaining 80% of the purchase price in future years?

Also with bonus depreciation being 80% next year how can I estimate my tax savings  when having a cost segregation after I purchase a new property this year?

Thanks so much!!!!!


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