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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.

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!

10/05/2026

We're in the business of building relationships, not just closing deals.

Your experience with us matters more than the transaction ever will. ✨

10/03/2026

Let's clear up a myth we hear frequently from our short-term rental owners...

🚫 "If I stay at my rental property even once, I lose my ability to do cost segregation."

Nope! Not true. This is a complete myth.

✅ Fact: Personal use doesn't automatically kick you out of the game. Depreciation (including cost segregation) still applies to the portion of the property used for your rental business. What actually matters more is how many days you personally use it, since that can affect how much of your losses are deductible.

It's not as scary as it sounds, and it's very manageable with the right planning.

Got a specific situation? Drop it in the comments, we love digging into these! 👇

09/30/2026

Own investment property in Massachusetts? Here's something worth knowing before year-end.

The federal government recently made 100% bonus depreciation permanent which is great news if you're using cost segregation to speed up your tax deductions.

But Massachusetts didn't get the memo.

The state doesn't allow that same bonus depreciation. So if you own property here, the math works a little differently than the national headlines suggest.

Good news: cost segregation is still absolutely worth it for MA investors in 2026, you just need someone who knows how to navigate the federal/state split correctly.

We break it all down (Boston multifamily, Cape Cod rentals, Worcester mill conversions, and more) 👇

https://veritaxadvisors.com/tax-credit-blog/massachusetts-real-estate-investors-learn-why-2026-is-the-year-to-prioritize-cos

09/28/2026

Ever wonder why your CPA has never brought up cost segregation? 🤔

Here's the honest answer ➡️ most CPAs have simply never come across it.

It's not part of standard tax preparation, and even among CPAs who are familiar with it, true expertise outside of dedicated providers is rare. Cost segregation is a niche within a niche. It blends tax law, engineering, and construction knowledge, which is why it's usually handled by specialized firms rather than general accounting practices.

That doesn't mean your CPA dropped the ball in any way, it just means this particular strategy tends to live outside their day-to-day lane.

We broke down exactly who's qualified to perform a cost segregation study (and what to look for in a provider) in our latest blog: 👇
https://veritaxadvisors.com/tax-credit-blog/who-performs-a-cost-segregation-study

If you own investment or commercial property and have never had this conversation, it might be worth having. Send me a message and I'll tell you if it's a fit. 🏢

09/23/2026

📅 October 15th is the final deadline for federal returns filed under a 6-month extension, there are no further extensions available after that.

If you haven't finished gathering documents or connected with your tax advisor, this is your nudge.

And if a cost segregation study could still make a difference on this year's return, now's the time to ask (not October please). Turnaround on this strategy takes some time, so the earlier the better.

09/21/2026

Illustrative case example, this is not an actual client.

Can an Airbnb save a dentist $40K+ in taxes? 🏡

Yes, it absolutely can, and here's how.

Meet "Dr. Joe," a dentist who nets $310,000 a year from his practice. Last year he bought a $525,000 vacation home to run as a short-term rental. This was a smart move, and not just for the passive income, but because it also knocked over $100K off his taxable income.

Here's how:

🔧 He got a cost segregation study done. Normally, rental property is written off slowly over 27.5 years. A cost segregation study sends a credentialed engineer through the property to identify components (furniture, appliances, flooring, land improvements) that wear out much faster than the building itself. Those components qualify for accelerated depreciation. In Dr. Joe’s case, about $145,000 of the property got reclassified this way.

💰 Thanks to current tax law (including the One Big Beautiful Bill Act), he could write off a large portion of those assets immediately in year one!

🏠 Additionally, there's a short-term rental strategy many people miss. Normally, rental losses can only offset other passive/investment income (not W-2 or 1099 income). But short-term rentals (average guest stay under 7 days) are treated differently under the tax code. If you materially participate in running it and pass the IRS specific tests, tthen those losses can offset your regular business or practice income too.

📉 Because Dr. Joe met the material participation requirement, his losses from the accelerated write-offs applied directly against his $310,000 in practice income, dropping his taxable income to roughly $192,000.

Estimated tax savings: $40,000–$45,000.

Wild, right? This is a completely legal, IRS-recognized strategy. Unfortunately, it’s something most people (and even many accountants) aren’t familiar with.

Every situation is different, and the actual savings depend on your income, property, and how the material participation rules apply to you.

If you own a rental, or you're thinking about buying one, send me a message and I'll tell you whether this could work for you. 👇

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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