Cost Segregation Study — Utah
Utah has been a fortuitous place to hold real estate, especially anywhere within the Salt Lake and Utah valleys. The influx of people over the last twenty years has brought a rise in value, making holders winners. A Utah native myself, 80% of my work is with the great investors of Utah who have rental homes, Airbnbs, vacation rentals, apartment complexes, and everything in between. We conduct robust, quality, engineering-based cost segregation studies that help investors accelerate depreciation on their properties and, ultimately, save money. With these tax benefits, they're able to redeploy their saved cash into more properties and cash-flow opportunities.
Why Cost Segregation in Utah?
Utah's booming real estate market makes cost segregation especially valuable right now. Coupled with bonus depreciation, you're looking at significant tax savings in Year 1.
100% Bonus Depreciation for Utah Properties
Property acquired and placed in service after Jan. 19, 2025 may qualify for 100% bonus depreciation (elections and transition rules may apply). A typical single-family residential home in the Salt Lake Valley will have $90,000–$120,000 in reclassified assets (5-year and 15-year property) that can be accelerated through cost segregation. Thanks to the One, Big, Beautiful Bill and Utah's conformity with federal depreciation rules, you can depreciate 100% of these assets in Year 1.
That means $90,000–$120,000 of depreciation deductions front-loaded into Year 1, significantly reducing your taxable income.
Always consult with your CPA or tax advisor to determine how cost segregation deductions apply to your specific tax situation and whether you qualify for Real Estate Professional status.
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Contact us at (801) 712-2123 or [email protected]
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