Client results
One verified client result, plus a few made-up examples to show the size of outcome each property type can produce. Year-1 deductions are figured under IRS Publication 5653 methodology with bonus depreciation for qualified property.
4BR / 2BA single-family home · 3,289 sq ft
The basis worksheet made it easy to see exactly which parts qualified for 5-year personal property. Our CPA had everything needed to file Form 3115 on the first pass. No back-and-forth.
J.S., investor · San Antonio, TX · Published with permission
Furnished STR · 3BR townhouse · about 2,000 sq ft
A furnished short-term rental often holds a lot of short-life parts, like appliances, carpet, and special wiring. When an owner materially participates, the year-one deduction can be large enough to offset other income. This is a made-up example to show the size of outcome this property type can produce, not a real client.
Illustrative example, not an actual client.
Owner-occupied practice condo · about 2,400 sq ft
Medical and dental offices tend to have far more personal property than a plain building, like special plumbing, cabinetry, and electrical runs. A study can pull those parts into shorter depreciation lives. This is a made-up example to show the kind of result, not a real client.
Illustrative example, not an actual client.
4-unit apartment · about 6,800 sq ft
A small apartment building has many short-life parts across units, plus site work like paving and lighting. If the property was bought in a prior year, a Form 3115 catch-up can claim missed depreciation in one shot. This is a made-up example to show the kind of result, not a real client.
Illustrative example, not an actual client.
How to read these. The J.S. residential case uses actual figures and is shared with the client's permission. The other three are made-up examples, not real clients. They show the kind of outcome each property type can produce, with round numbers. Your tax savings depend on your own facts, including filing status, tax rate, passive activity rules, and which bonus elections you make. Past results do not promise future outcomes. Talk to your CPA before you file.
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