DIY COST SEGREGATION
You Document the Property.
O’Connor Does the Analysis.
Take a more hands-on approach to cost segregation by documenting your property while O’Connor handles the professional analysis, asset classification, and reporting.
Choose how your property will be documented and get the cost segregation support you need to identify potential accelerated depreciation opportunities.
OVERVIEW & ELIGIBILITY
What Is Cost Segregation?
A cost segregation study analyzes individual components of a property rather than treating the entire building as a single depreciable asset.
Building Components
Certain electrical, plumbing, flooring, specialized finishes, and dedicated building systems may qualify.
Personal Property
Furniture, fixtures, equipment, and other qualifying assets can potentially receive shorter recovery periods.
Land Improvements
Landscaping, fencing, parking areas, paving, signage, and similar improvements may qualify.
Certain components may qualify for shorter 5-, 7-, or 15-year recovery periods rather than the traditional 27.5-year schedule for residential rental property or 39-year schedule for commercial real estate.
PROPERTY ELIGIBILITY
Is Cost Segregation Right for Your Property?
Cost segregation can benefit many types of income-producing real estate. The potential savings depend on the property, depreciable basis, improvements, and individual tax circumstances.
Commercial Properties
Office buildings, retail properties, warehouses, industrial facilities, restaurants, hotels, medical facilities, and other commercial properties.
Multifamily Properties
Apartment complexes and multifamily buildings can contain numerous assets potentially eligible for accelerated depreciation.
Rental Homes
Single-family homes operated as rental or investment properties may also benefit from a cost segregation study.
Renovated Properties
Major renovations and improvements can create additional opportunities to properly classify depreciable assets.
OUR APPROACH
How an O’Connor Cost Segregation Study Works
Our cost segregation process analyzes your property, identifies qualifying assets, and provides the documentation needed to support accelerated depreciation.
Preliminary Property Review
View DetailsPreliminary Property Review
We collect basic information about your property and evaluate its potential for cost segregation.
Property & Asset Analysis
View DetailsProperty & Asset Analysis
Our specialists review property records, construction information, financial documentation, photographs, and other supporting information.
Asset Classification
View DetailsAsset Classification
Property components are analyzed and classified into the appropriate depreciation categories.
Cost Segregation Report
View DetailsCost Segregation Report
You receive documentation detailing asset classifications, methodology, and depreciation schedules for use with your tax professional.
GUIDED DIY COST SEGREGATION
You Document the Property. O’Connor Does the Analysis.
Reduce the cost of a traditional cost segregation study by providing property-specific photos, video, and records. O’Connor uses that evidence to identify, value, classify, and document eligible components.
YOU PROVIDE
Property-Specific Documentation
- Guided property photos and video
- Purchase and service dates
- Renovation history
- Plans or ledger data, when available
O’CONNOR PROVIDES
Expert Cost Segregation Analysis
- Identify eligible components
- Research and value assets
- Assign appropriate recovery periods
- Prepare the report and schedules
READY TO GET STARTED?
Choose How Your Property Will Be Documented
Review the available documentation approach and service options for your property.
BONUS DEPRECIATION
Accelerate Your Tax Benefits With Bonus Depreciation
Cost segregation identifies property components that may qualify for shorter depreciation recovery periods. Bonus depreciation can further accelerate deductions for qualifying assets when applicable.
When used together, cost segregation and bonus depreciation can help eligible property owners increase depreciation deductions in earlier years and improve cash flow.
Learn About Bonus DepreciationHow They Work Together
Identify
A cost segregation study identifies qualifying property components.
Reclassify
Eligible assets may be assigned shorter depreciation recovery periods.
Accelerate
Qualifying assets may be eligible for accelerated deductions under applicable bonus depreciation rules.