Cost Segregation for Houses?
Yes, cost segregation can be used for investment property, often including rental homes and income producing houses. Your primary residence does not qualify for cost segregation. Your second home qualifies if it is in a rental pool when you are not using it and you personally use it less than two weeks annually.
Why Do Homes Qualify?
Houses held for investment are treated as the same asset class as office, retail, apartments, or warehouses from the IRS position. They are real estate owned for the purpose of generating income from cash flow and depreciation
Help us get started on a Cost Segregation report for your single-family rental property!
DIY Cost Segregation Reports - Rental Property
Complete the form below and O'Connor will reach out to you for additional information and confirmation of your desire for us to prepare a Cost Segregation Rental Property Report for you. Please allow 48 hours for us to respond.
How much does it cost?
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Starting at $500 without a site visit and starting at $1,500 with a site visit, cost segregation has become affordable for single family rental home owners. Discounts are available for bulk assignments. There are reasonable exclusions; a 10,000 SF mansion owned as a rental would not qualify for a $500 fee. The use of A cost Read more segregation calculator alone is not advisable as it allows to great a margin for substantial error and would not meet the IRS definition of a “quality cost segregation study” as defined in the IRS Audit Techniques Guide for Cost Segregation. On average, a calculator should provide a close estimate of potential savings, but it will be much too high or too low in some cases. Read less
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Our method includes engaging with you to obtain as much data as is readily available to you. In addition, we have a national database of real estate and related data on prior single family cost segregation reports and access to high resolution aerial photography to study the property. For those who Read more choose to omit the site visit, if we don’t feel we can do a credible job without a site visit, we will recommend a site visit study. Read less
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We are more concerned with providing you a credible report, conducted with a reasonable methodology and resulting in a quality and highly reliable report than with simply utilizing a “cost seg calculator” to make the report quick and easy. It is important to us that you can depend upon the results, and our Read more reputation is on the line as well. Read less