Cost segregation studies for Beverly, Massachusetts investment properties. Accelerate depreciation and reduce your tax burden with SMF Cost Seg.
| Metric | Value |
|---|---|
| Population | 42,000 |
| Median Home Price | $600,000 |
| Rental Units | 5,800 |
| Avg 2BR Rent | $2,200/mo |
| Property Tax Rate | 1.18% |
| Price Change YoY | +5.3% |
On a typical Beverly property valued at $600,000, you could save up to $46,176 in Year 1 tax savings. 100% Bonus Depreciation – Permanently Restored.
See how much a cost segregation study could save you on a Beverly investment property.
| Property Value | Est. Building Basis | Est. Accelerated Depreciation | Est. Year 1 Tax Savings |
|---|---|---|---|
| $600,000 | $480,000 | $124,800 | $46,176 |
| $900,000 | $720,000 | $187,200 | $69,264 |
| $1,200,000 | $960,000 | $249,600 | $92,352 |
*Estimates assume 20% land ratio, 30% reclassification rate, and 37% federal tax bracket. Actual results vary.
Most cost segregation firms focus on large commercial properties. We focus on Beverly investors with 1–10 unit rentals–delivering the same professional-grade studies at a price point that makes sense for your portfolio.
What sets SMF Cost Segregation Advisors apart for Beverly investors is our specialization. We focus exclusively on cost segregation for 1–10 unit rental properties.
Cost segregation delivers measurable ROI for a range of Beverly real estate investors.
Investors offering mid-term furnished rentals to healthcare professionals—combining reliable demand with cost segregation tax benefits.
Investors converting commercial spaces to residential rentals who can perform cost segregation on the converted property.
Families with rental properties passed between generations who may have untapped depreciation from stepped-up basis opportunities.
State Income Tax Rate: 5%
Bonus Depreciation Conformity: Conforms to federal rules
Massachusetts conforms to federal bonus depreciation with a flat 5% state income tax rate. Cost segregation provides both federal and state accelerated depreciation for Massachusetts property owners.
Beverly sits on Massachusetts' North Shore with rental demand driven by Lahey Health/Beverly Hospital, Axcelis Technologies, Endicott College, and Boston commuters using the MBTA Commuter Rail. Investors target multi-family properties in the Rantoul Street corridor, historic conversions in downtown Beverly, and single-family rentals in Beverly Farms and Montserrat serving families drawn to strong public schools.
Cost segregation delivers strong results in Beverly's mix of older New England construction and renovated properties. Historic multi-family buildings feature qualifying mechanical systems, storm-resistant windows, and parking improvements, while newer renovations yield modern HVAC and interior finishes eligible for accelerated depreciation. Massachusetts conforms to federal bonus depreciation at 5%, providing combined savings on Beverly's $600,000 median-priced properties.
Beverly's North Shore location and commuter rail access create steady demand for family rental housing. A cost segregation study can help Beverly investors accelerate depreciation on single-family rentals. SMF Cost Segregation Advisors delivers comprehensive studies for this Essex County community.
For Beverly investors, the typical ROI ranges from 5x to 20x the cost of the study, depending on property value and type. A single-family rental with a $300,000 building basis might generate $20,000-$30,000 in first-year tax savings from a study costing $1,750-$2,750.
For most residential properties in Beverly, we conduct a virtual site visit via FaceTime or video call. This is faster, less disruptive to tenants, and produces the same quality results as an in-person visit.
The best time is as soon as the property is placed in service or after a major renovation. For Beverly properties acquired in the current tax year, completing the study before your filing deadline maximizes the first-year benefit.
In Beverly, the most common candidates are single-family rentals, duplexes, triplexes, fourplexes, and small apartment buildings (1-10 units). Properties with site improvements like parking lots, landscaping, and fencing tend to yield the highest accelerated depreciation.
Yes. Renovation is an ideal time to engage a cost segregation provider. You can segregate both the original building and new renovation costs. Old components being removed may qualify for a Partial Asset Disposition write-off.
Land is non-depreciable, so higher land values reduce the depreciable basis. In high-land-value areas of Beverly, a $500,000 property might only have a $200,000 building basis. We use defensible methods to establish the land allocation for maximum benefit.
| City | Median Home Price | Est. Year 1 Savings |
|---|---|---|
| Attleboro | $495,000 | $43,956 |
| Barnstable Town | $495,000 | $43,956 |
| Boston | $760,000 | $67,488 |
| Brockton | $495,000 | $43,956 |
| Cambridge | $467,500 | $41,514 |
| Chelsea | $495,000 | $43,956 |
| Chicopee | $495,000 | $43,956 |
| Everett | — | — |
| Fitchburg | $495,000 | $43,956 |
| Haverhill | $480,000 | $42,624 |