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Maximizing Your Tax Savings: Cost Segregation and Bonus Depreciation

Oct 2024 5 min read

Cost segregation is powerful on its own, but it becomes a true tax-saving superpower when combined with bonus depreciation.

What is Bonus Depreciation?

Bonus depreciation is a tax incentive that allows businesses to immediately deduct a large percentage of the purchase price of eligible assets, rather than writing them off over their "useful life." For 2025, the rules may allow for a significant percentage (e.g., 80% or 100%—check current tax law) to be deducted upfront.

How They Work Together

This is the key: Bonus depreciation generally applies to assets with a useful life of 20 years or less. Your building's structure (27.5-year property) doesn't qualify. However, all the 5, 7, and 15-year assets that a cost segregation study identifies *do* qualify. A cost segregation study is the tool that unlocks bonus depreciation for a significant portion of your property's cost. It allows you to take a huge deduction in the first year, providing an immediate and substantial boost to your cash flow.