Great question, but it’s not that simple. You’d need a CPA who’s an expert in both tax and construction, schedule on-site visits, and go through a lengthy process—it’s a hassle. Legacy Wealth makes it easy. We streamline the entire process for investors nationwide with a quick and easy call, letting you maximize your tax savings without the headache.

Yes! In fact, if you purchased your property last year, now is the perfect time to take advantage of a Cost Segregation Study and maximize your tax benefits.

Yes! Even if you have a W-2 job, you can still take advantage of a Cost Segregation Study. Property owners of all backgrounds—not just full-time real estate professionals—can benefit from accelerated depreciation and significant tax savings.

You don’t need to file the Cost Segregation Study itself with your tax return, but the results will play a key role in the information you report. The study will provide you with detailed information, including reclassified asset categories and their depreciation schedules, which should be accurately included in your tax filings.

After we complete the study, you’ll receive a report outlining all findings. You or your CPA will use this information to update your depreciation schedules on your tax return.

The best way to get the answers you need is to schedule a 1-on-1 call with one of our specialists. They’ll assess your property, estimate your potential tax savings, and walk you through the entire process. Get started by filling out our contact form and scheduling a free consultation today!