Based in Orange County (Laguna)  ·  Serving Southern California  ·  Remote statewide
(951) 216-3121 CA CPA #137614  ·  CalCPA  ·  Alex Gurovich CPA APC
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Real Estate Tax Planning

Cost Segregation Analysis for Southern California Real Estate Investors

Cost segregation accelerates depreciation on commercial and investment real estate — moving deductions from 27.5 or 39 years into 5, 7, and 15-year categories. For California investors, the result is often six figures in additional deductions in year one. We handle the tax analysis and coordinate the engineering study.

Without cost segregation, a $2M commercial property depreciates at roughly $51,000 per year over 39 years. With a study, 20–40% of that value may qualify for 5, 7, or 15-year depreciation — or under bonus depreciation rules, potentially full first-year expensing. That means $400K–$800K in accelerated deductions, creating a tax deferral worth $150K–$300K or more depending on your bracket. The study pays for itself many times over in year one.

What Is Included

Cost Segregation — Full Service

Property Feasibility Review

We evaluate whether the tax benefit justifies the study cost based on property type, basis, your current tax situation, and bonus depreciation availability — before you spend money on an engineering study.

Engineering Study Coordination

We coordinate with qualified cost segregation engineers who perform the physical analysis and produce the IRS-defensible asset classification report. One point of contact throughout.

Tax Analysis and Return Integration

We review the engineer's component classifications, apply the correct depreciation methods and conventions, and integrate the results into your federal and California returns with full documentation.

Bonus Depreciation Application

We model the interaction between cost segregation, bonus depreciation, and your income to maximize the deduction benefit in the optimal year — accounting for passive activity rules and real estate professional status.

Form 3115 — Prior Year Catch-Up

If you have owned a property for years without a study, you can claim all prior missed deductions in a single year using a Form 3115 accounting method change — without amending prior returns.

Disposition and Recapture Planning

When you sell or exchange the property, accelerated depreciation creates recapture exposure. We plan the disposition strategy — including 1031 exchanges — to minimize recapture tax at sale.

Own Investment Real Estate in California?

A Feasibility Review Costs Nothing. The Savings Often Reach Six Figures.

If cost segregation does not pencil out for your property, we tell you upfront.