Get bigger tax write-offs on your properties this year.
The problem most owners face.
Standard depreciation spreads the cost over 27.5 or 39 years. That means small annual write-offs and higher taxes right now — even though a large share of the building's cost basis actually qualifies for much shorter recovery periods.
How Simon solves it.
Simon coordinates engineering cost segregation studies that reclassify components of the property into 5-, 7-, and 15-year categories. Under current bonus depreciation rules, a significant portion can often be deducted in the first year.
He also handles the New Jersey difference — the state does not conform to federal bonus depreciation — so your federal and state books stay clean and reconciled. For prior years that were left on the table, he runs look-back studies via Form 3115.
Who this is for.
Owners of NJ rental, mixed-use, or commercial property with a basis worth studying — plus investors combining cost segregation with a 1031 exchange on the replacement property. Simon has run this play for many of the 250+ real estate investors he has worked with.
Questions Simon answers fast.
- Is the study worth it on my property size?
- Simon runs the numbers before you spend a dollar. If the after-tax benefit doesn't clear the cost by a healthy margin, he'll say so.
- Can I still claim the losses if I have a W-2 job?
- Sometimes — it depends on Real Estate Professional Status, the short-term rental exception, or grouping elections. He evaluates this before you commission a study.
- What happens when I sell later?
- Depreciation recapture is real and manageable. He models it up front and pairs the strategy with 1031 planning where it makes sense.
- Can I go back and capture deductions I missed?
- Yes — Form 3115 change of accounting method lets you catch up prior-year deductions in the current year, without amending returns.
These strategies compound.
Unlock the losses cost seg creates against your W-2 or active income.
Pair cost segregation with a properly structured exchange on the next property.
Clean books make the study defensible and the numbers reconcilable.
Curious what a cost seg study could free up this year?
Book a focused conversation. Simon will review your situation and lay out the path forward — clearly, in plain English.