Cost Segregation · Boston, MA + NH

Same building. Faster deductions.

Most owners depreciate a building straight-line over 27.5 or 39 years. A cost segregation study reclassifies components — flooring, fixtures, site work, certain building systems — into 5, 7, and 15-year buckets, front-loading depreciation into the years you actually want the deduction. The study itself is an engineered third-party study. I scope it, review it, and file the result — as both the CPA who signs the return and the licensed GC who knows what’s actually in the building.

Get my cost seg estimate Free 20-minute review · one property · no obligation.
5–15yr
reclassified depreciation buckets instead of 27.5 or 39 years straight-line
Yr 1
when the bulk of the accelerated deduction typically lands
GC + CPA
one person prices the components and files the return — no handoff
What a cost seg study does

It's a timing move, not a bigger deduction.

A cost segregation study on a rental property is an accelerated-depreciation move for real estate investors, not a bigger deduction. Every building depreciates the same total amount either way. Straight-line spreads it evenly over decades. A cost segregation study has an engineer-level review reclassify specific components — carpet and flooring, certain electrical and plumbing, cabinetry, site improvements — out of the 27.5/39-year bucket and into 5, 7, and 15-year buckets that qualify for accelerated and, in many years, bonus depreciation.

The result: a much larger deduction in the first one to two years of ownership, when it usually does the most good — offsetting income from the acquisition, a renovation, or a good year.

The deduction isn't new. It's just moved to the year you actually need it.

Studies are most valuable on properties that are being acquired, substantially renovated, or built — because that's when itemized cost data exists and the reclassification is most defensible under IRS guidelines.

Where this pairs

Cost seg rarely stands alone.

It's one lever of five, and it's strongest combined with the others — because the same underlying data (what was bought, what was built) feeds each one.

Paired with

1031 Exchange

Buying a replacement property in an exchange? A cost seg study on it is often most valuable in the same year you close — plan it before the deal, not after.

Paired with

REPS

A large accelerated loss is worth far more to an investor who's REPS-qualified — it offsets ordinary income instead of sitting stuck as a passive loss.

Paired with

Renovation & Cost-Basis Planning

I track itemized renovation costs as the work happens — exactly the data a cost seg study needs, instead of reconstructing it after the fact.

Filed by

A cost segregation CPA in MA, serving investors nationwide

The study and the tax filing come from the same Massachusetts-licensed practice, so nothing gets lost translating an engineer's report into your actual return.

Who this is for

Best suited to a few specific moments.

01

Just closed on a property

The purchase price and closing costs are fresh — the ideal moment to commission a study before the first tax return is filed.

02

Mid-renovation or just finished

Itemized construction costs are exactly what a study needs. We track this as the GC on the job, so nothing has to be reconstructed later.

03

Sheltering a high-income year

Sold a business, had a large bonus, or otherwise had an unusually high-income year — a study timed right can offset it, especially paired with REPS.

Questions

Cost segregation, in plain English.

Does a cost seg study increase my total deduction? +
No — the total amount you can depreciate over the life of the building is the same either way. A study changes *when* you take the deduction, moving a large share of it into the first one to two years instead of spreading it evenly over 27.5 or 39 years.
What's "depreciation recapture," and does this make it worse? +
When you sell, the IRS recaptures (taxes back) depreciation you claimed. Accelerating the deduction doesn't change the total recapture exposure — but paired with a future 1031 exchange, the recapture itself can be deferred along with the gain. We plan the exit alongside the study, not after.
Is a cost seg study worth it on a smaller property? +
It depends on the purchase price, the property type, and how soon you need the deduction. On the free review we run the numbers against your actual property before you commit to a study.
Do you do the engineering study yourself? +
The study itself follows standard cost-segregation methodology and, depending on complexity, may involve a specialist engineering review. What's different here is that the same person quarterbacking the study — and, if renovation is involved, doing the GC work — also signs your tax return, so the numbers translate cleanly.
How does this work with a 1031 exchange? +
If you're exchanging into a new property, timing the cost seg study around the closing usually makes the most sense. See the 1031 exchange page for how we sequence the two.
The free tax savings review

Find out what a study is worth on your property.

Bring the property and your last return. In 20 minutes I'll show you whether a cost seg study makes sense, roughly what it could unlock, and how it stacks with REPS or a 1031.

20 minutes · one property · no obligation · MA + NH