MACRS – Modified Accelerated Cost Recovery System is a recovery systems that uses 3, 5, 7, & 10 year recovery periods for business equipment, 15 year recovery period for land improvements, 27.5 year recovery period for residential rental property, and 39 year recovery period for commercial property.
What is bonus depreciation and how is it connected to cost segregation?
For property owners and investors looking to maximize tax savings, bonus depreciation and cost segregation are two powerful tools that can work together to amplify