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cost segregation study example

Cost Segregation Study Example: What a Good Report Usually Contains

See the sections a cost segregation study packet should usually include: property facts, documents, photos, methodology, classifications, and review notes.

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Important: This guide provides tax information, not tax advice. Verify depreciation positions, passive activity treatment, bonus depreciation, amended-return choices, and documentation requirements with a qualified tax professional before filing.

Direct answer

A useful cost segregation study example should show more than a tax savings number. It should connect property facts, source records, methodology, component classifications, depreciation schedules, and assumptions in a way a CPA can review.

Typical sections

SectionWhat it should explain
Executive summaryProperty, scope, major findings, and intended tax year.
Property factsAddress, use, placed-in-service date, basis, land allocation, and improvements.
Documents reviewedClosing statement, appraisal, invoices, drawings, photos, and depreciation records.
MethodologyHow costs were identified, allocated, estimated, and classified.
Asset classificationsProposed recovery periods and categories.
Depreciation scheduleYear-by-year or class-level depreciation impact.
AssumptionsLimits, missing documents, estimates, and unresolved questions.
ExhibitsPhotos, invoices, room lists, and support materials.

What a weak example looks like

Be cautious when an example only shows:

How to use an example before hiring a provider

Ask a provider for a sample report with sensitive information removed. Compare it to the checklist above. Then ask your CPA which sections they need before they are comfortable using the output.

CostSegHelpAI output

CostSegHelpAI is designed to produce a prep packet, not a signed study. The packet should make the professional review easier by collecting the facts and evidence that a good report would need.

FAQ

Should a study include photos?

Often yes. Photos can support component facts, especially when tied to the property, room, date, and asset notes.

Does a study example prove my property qualifies?

No. Examples are educational. Your property needs its own facts and records.

Can I ask for audit support?

Yes. Ask whether the provider includes audit support, what it covers, and whether there are additional fees.

Sources

  1. IRS Cost Segregation Audit Technique Guide
  2. Leyton - Quality Cost Segregation Study