What Types of Properties Are Eligible for Cost Segregation Depreciation? Not sure if your investment property qualifies for cost segregation? Here's the good news: this powerful tax strategy works for a wide range of assets! Most income-producing properties and those actively used in a business are eligible for cost segregation depreciation. This includes common residential rentals, major commercial buildings like offices and warehouses, and even highly specialized properties such as hotels, gas stations, car washes, and storage units. If you own a property that generates income, you are likely a great candidate to maximize your tax savings.
Eligible Property Types
- Residential Rentals: Income-producing residential properties.
- Commercial Buildings: Offices, warehouses, retail spaces.
- Specialized Assets: Hotels, gas stations, car washes, and storage units.
- Business Use: Any property used in a trade or business.
- Key Exclusion: Raw land and property used fully for personal use do not qualify.
Still unsure if your specific building qualifies? Let's chat so we can help you figure it out and get your maximum benefit!
