Cost segregation studies for condos and townhomes. Yes, HOA properties qualify. Reclassify interior components to accelerate depreciation. Studies from $1,750.
Yes. Condos are excellent candidates for cost segregation and actually achieve the highest reclassification rates of any residential property type (30-41%). Because the entire depreciable basis is concentrated in interior components you own, a larger share qualifies for accelerated depreciation. Townhomes achieve moderate reclassification rates (16-31%) with strong interior component reclassification.
The HOA does not affect your cost segregation study. The study only covers components within your individually owned unit. In high-rise buildings, the land allocation is typically lower (10-15%), meaning a larger percentage of your purchase price is depreciable building basis.