$162,255.11 in first year tax savings
This Phoenix, Arizona residential home was purchased in 2021 for $559,920. Without a cost segregation study, it would have depreciated by $20,700 in the first year (taking the straight-line value). However, the homeowners were able to successfully accelerate first-year depreciation to $182,900 by applying a cost segregation study, which saved them $162,255 on taxes.
