Cost segregation lets you write off building components like lights in one year instead of spreading depreciation over decades. A $3,500 lighting system depreciates fully year one, versus $3,000 annually if the whole building depreciates over 39 years.
I'm going to do a cost segregation study and I'm going to write off every single part of that building. So you see these lights over my head? They only last 5 years. So I get to write 100% of those off. Those lights cost $3,500 and I, and they're only going to last for 5 years. So I get to, I get to all 100% of that $3,500. Now, do you see what I just did? If I take the building over 39 years, how much was my thing? $3,000 per year. If I take the lights day 1, I get $3,500. Okay. And how many, how much other stuff do I have in here?
