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Veritax Advisors

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Veritax Advisors

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Veritax Advisors LLC is a firm specializing in tax incentives including cost segregation studies, R&D tax credits, IC-DISC and 179D Energy Tax Certifications.

11/03/2026

Quick tax tip for Maine property owners...

Federal law now allows 100% bonus depreciation (again). Maine however doesn’t conform, which means the state side works differently than the federal side.

So, does cost segregation still make sense? In many cases, yes. We walk through how the federal and state pieces interact in our latest blog:
https://veritaxadvisors.com/tax-credit-blog/the-coastal-state-of-maine-is-prime-territory-for-cost-segregation-studies

What questions do you have about depreciation? Ask below and we’ll help sort it out. ⤵️

10/30/2026

🎃 No tricks, all treats this Halloween! 🎃

Bats in the belfry? 🦇 Plenty of property owners have something hiding in their building too: depreciation deductions they don’t know about.

A cost segregation study looks past the standard 27.5 or 39-year schedule to find the parts of your property that can be written off faster. Pair that with bonus depreciation and R&D tax credits, and that’s a lot of treats.

Don’t let your savings stay buried. Message us and let’s dig them up. 👻

10/28/2026

This is a myth!

With the rise of short-term rental platforms, this is actually one of the fastest-growing categories for cost segregation. Whether it's a long-term rental, a short-term rental, or even "house hacking" (renting part of your home while living in the rest), there are strategies available.

💡 Bottom line: If you own rental property and haven't had a conversation about cost segregation, you might be leaving money on the table.

📩 Curious if your property qualifies? Let's talk.

10/23/2026

Can a cost segregation study be done on a property you already own? 🏠

Yes! A lot of owners wait years after buying before they do a study, and it’s not too late.

With IRS Form 3115, you can claim the catch-up depreciation you missed, all without amending your prior tax returns. 🙌

Own a property and wondering what you may have left on the table? Send us a message and we’ll help you find out. 😊

10/21/2026

Case study: How a 32-unit Oregon apartment complex turned a $79K deduction into $895K ⌛

An investor bought a 32-unit apartment complex in Oregon in 2019 for $3.7M, with a depreciable basis of $2.18M.

📉 Without a cost segregation study: $79,272 in first-year depreciation
📈 With a cost segregation study: $895,250 in first-year depreciation

📣 That’s $815,978 in additional deductions in year one, about 11x what standard depreciation would have given them! 📣

How? A study identified the parts of the property that qualify for 5-, 7-, and 15-year schedules instead of the standard 27.5 years. Paired with bonus depreciation, those shorter-life assets could be written off up front.

The result is a much smaller tax bill and more cash to put toward the next deal.

Timing is everything in cost segregation, and the year of purchase is the sweet spot.

Own multifamily or commercial property? Message me and let’s see what a study could do for you.

10/19/2026

Here’s the thing about cost segregation: timing is everything. ⌛

Most owners find out about it a year too late. Normally, you write off the cost of a building slowly, over 27.5 or 39 years. But with a cost segregation study, parts of your property (think flooring, fixtures, landscaping, and similar items) can be written off in just 5, 7, or 15 years instead. That means a smaller tax bill now and more cash in your pocket to put back into your business.

So, does any of this sound like you?

🏢 You bought or built a property this year
🔨 You just finished a big renovation or expansion
💰 You bought a while back and never did a study (good news: you can still catch up on missed depreciation without amending old returns)
🔑 You plan to hang onto the property for a few years

If you said yes to even one, now’s a good time to chat, before the year wraps up.

Want the full breakdown? Read it here: https://veritaxadvisors.com/tax-credit-blog/when-to-get-a-cost-segregation-study

Or curious whether it makes sense for your property? Send me a message and we’ll walk through it together. 😊

10/16/2026

Answer: After January 19, 2025, but with a catch.

The One Big Beautiful Bill Act (https://veritaxadvisors.com/tax-credit-blog/unpacking-the-one-big-beautiful-bill) made 100% bonus depreciation permanent. To qualify, property must be both acquired and placed in service after January 19, 2025. January 20, 2025 is the first qualifying day.

Some things to watch:

📅 Acquisition date matters. Property acquired on or before January 19, 2025 still follows the old phase-down (40% in 2025, 20% in 2026, 0% after), even if it was placed in service later. This is usually the date a binding contract was signed.

⚙️ “Placed in service” means available for its intended use, which isn’t always the purchase or delivery date.

🏢 The property has to qualify. That generally means tangible property with a recovery period of 20 years or less. Buildings themselves usually don’t qualify, but a cost segregation study can identify components that do.

Every situation is different, so check the specifics with your CPA before filing. Questions? Drop them in the comments. 👇

10/14/2026

Quick heads-up from the team!

Tomorrow, October 15, is the extension deadline, so things are a little hectic around here.

If you reach out, please be patient with us. You may see slightly slower response times than usual, but we're working hard to get everyone taken care of. We'll get back to you as soon as we can!

Thank you for your understanding.

10/12/2026

🚫 MYTH: Cost segregation only works for commercial properties.

✅ FACT: Residential rentals can benefit too, including single-family homes, multi-family properties, apartment buildings, and short-term rentals. It's marketed heavily to commercial owners, but that doesn't mean residential investors are left out of the savings.

Own a short-term rental? See how the rules apply to you and whether you qualify: https://veritaxadvisors.com/tax-credit-blog/short-term-rental-tax-strategies-under-the-one-big-beautiful-bill

10/08/2026

Did you know that self-storage facilities are one of the BEST property types for cost segregation?

Here's a recent (Illustrative) example proving why.

We worked with a client who owns a self-storage facility in the Midwest. They purchased it for $2.4 million. Like most owners, they were depreciating the whole thing over 39 years, but self-storage properties are loaded with assets prime for accelerated depreciation. Think fencing, security systems, paving, signage, and specialty electrical.

After a cost segregation study, we reclassified about $650,000 worth of assets into accelerated (5, 7, and 15-year) categories. With 100% bonus depreciation permanently available, our client received a big deduction in year one instead of waiting decades to see the benefit.

The best part? Self-storage tends to have a lot of site improvements and pretty simple building structures. This combination usually means an even bigger reclassification than owners expect.

If you own a self-storage property and have not considered cost segregation, it's worth the conversation.

The numbers are almost always in your favor!

Address

782 S. River Road #405
River Road, NC

Opening Hours

Monday	9am - 6pm
Tuesday	9am - 6pm
Wednesday	9am - 6pm
Thursday	9am - 6pm
Friday	9am - 6pm

Telephone

+18889393309

Website

https://www.veritaxadvisors.com/

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