SegBasis featured sample report

Sample Cost Segregation Property Profile

Illustrative cost segregation report for a newly built duplex placed in service in 2025. The owner name, property address, CPA firm, and allocations in this sample are fictionalized so the report can be shared publicly without referencing a real client file.

Illustrative report Navarre, Florida market vibe 3400 SF duplex Purchase price $625,000

← Back to sample deliverables · Download printable PDF

1. Executive summary

Based on the supplied property facts and room-by-room photo coverage, this sample file is presented as a Tier 3 reviewer-assisted residential rental study package. The photo set appears strong enough for a polished sample report because it covers the front elevation, living areas, kitchens, baths, bedrooms, laundry, patio, backyard, and detached shed/site-improvement context.

Disclosure: All names, address details, and financial allocations below are fictionalized or estimated for illustrative use. Final land allocation, tax assumptions, and reviewer conclusions would depend on the actual property file.

Purchase price

$625,000

Original acquisition only; no renovation layer added.

Estimated land allocation

$112,500

18.0% working sample allocation.

Estimated depreciable basis

$512,500

Residential rental building + supported improvements.

Accelerated basis bucket

$155,325

5-year + 15-year mock reclassification total.

2. Property profile

Report style	Tier 3 · Reviewer-Assisted / White-Label CPA Package
Sample address	1147 Shoreline Hammock Drive, Navarre, FL 32566
Market vibe	Navarre / Emerald Coast residential rental market
Property type	Duplex
Year built	2025
Acquired / placed in service	August 12, 2025
Gross area	3,400 square feet
Sample owner name	Harbor Lantern Properties LLC (fictitious)
Sample CPA firm	Emerald Coast Tax Advisory Group, PLLC (fictitious)

3. Property narrative

This illustrated duplex file presents a newly built residential rental property with broad interior and exterior photo coverage, visible site-improvement context, and enough documentation to show how a more complete report package can be organized.

Property profile: newly built duplex, original acquisition only, placed in service in 2025.
Documentation profile: room-by-room photos, outdoor improvement views, and floorplan sheets support layout context and exhibit structure.
Report profile: organized summary tables, support references, and review notes presented in a polished multi-section format.

4. Documentation received

Property type, market region, year built, acquisition date, square footage, and gross purchase price supplied by client.
Fourteen labeled photos covering front elevation, backyard, patio, detached shed, kitchens, baths, bedrooms, living areas, and laundry.
Three floorplan JPG sheets are included as additional exhibit pages.
No post-acquisition renovation layer reported.
No separate FF&E schedule, closing statement, or appraisal page is included in this illustrated file.

5. Review summary

Summary: Based on the facts provided, this property appears to be an appropriate candidate for a residential rental cost segregation study prepared from owner-provided documentation and photographs. The photo set appears sufficiently broad for a standard remote study if land-allocation support and acquisition documentation are later added.

Additional review may be warranted if: the final file needs stronger support for detached improvements, specialty exterior features, or any material owner-furnished items not visible in the current photo package.

6. Estimated classification summary

Classification bucket	Recovery period	Estimated amount	% of depreciable basis	Support context
Appliances, select specialty finishes, removable/residential personal-property components	5-year	$96,375	18.8%	Kitchens, baths, laundry, certain finish layers, and other faster-life components visible in the photo set.
Patio, backyard improvement context, detached shed/site improvement layer, exterior flatwork/land improvements	15-year	$58,950	11.5%	Front/backyard, patio, and shed photos give the sample a believable land-improvement bucket.
Remaining residential rental building structure and long-life systems	27.5-year	$357,175	69.7%	Residual building basis after mock accelerated allocations.
Non-depreciable land	Non-depreciable	$112,500	18.0% of gross purchase	Placeholder only until closing statement/appraisal/county support is reviewed.

7. Estimated first-year acceleration snapshot

Measure	Estimated result	Notes
Accelerated basis subject to shorter lives	$155,325	Combined 5-year and 15-year buckets.
Illustrative 2025 bonus-eligible amount	$62,130	Assumes 40% federal bonus treatment for qualifying shorter-life property for sample-report purposes only.
Illustrative first-year depreciation with study	$75,618	Includes estimated bonus plus ordinary first-year MACRS/residential rental depreciation.
Illustrative first-year depreciation without study	$6,989	Simple residential-rental baseline using placed-in-service timing assumptions.
Estimated first-year acceleration delta	$68,629	Sample estimate only; final tax outcome depends on actual facts, method, and CPA application.

8. Supporting property characteristics

New-construction condition aligns with the interior finishes visible in the rooms.
Kitchen, bath, bedroom, and living-area images support room-by-room component context.
Patio, backyard, and shed images provide additional support for exterior and site-improvement context.
The duplex format provides enough scale to illustrate a multi-section report structure clearly.

9. Assumptions and limiting conditions

This is a sample presentation file built from user-supplied summary facts and labeled photos.
All names and the street address are fictitious and used solely for sample-report purposes.
The land allocation and asset-class figures are placeholders designed to produce a polished sample, not filing-ready tax numbers.
No physical site inspection, engineering sign-off, appraisal conclusion, or CPA tax return implementation review has been performed for this illustrated file.
Any real filing version should be reconciled to the closing statement, land support, actual use facts, and final reviewer guidance.

10. Additional documentation typically requested

Obtain settlement statement or closing disclosure.
Lock in land vs. building support from appraisal, county card, or valuation method.
Confirm whether the duplex is long-term rental, short-term rental, or mixed-use.
Add builder/spec sheet, floorplan, or iGuide if available.
Confirm any separately purchased appliances, furnishings, or owner-furnished equipment so they are not double counted.
Route final schedules through CPA/reviewer implementation notes.

11. Photo exhibit gallery

These images are presented as report exhibits supporting property condition, layout context, and component-reference discussion.

Front exterior view — **Front elevation**
Used to support overall curb appeal, new-construction condition, and exterior context.

**Living area 1**
Helps establish interior finish quality and general layout style.

Living area second angle — **Living area 2**
Second angle supports room coverage and finish continuity.

Kitchen view — **Kitchen 1**
Useful for cabinetry, counters, appliance context, and specialty finish discussion.

Kitchen second angle — **Kitchen 2**
Additional kitchen angle strengthens component mapping support.

**Laundry area**
Supports appliance and utility-area component discussion.

Bathroom view — **Bathroom 1**
Bathroom finishes help the mock schedule feel complete and room-specific.

Second bathroom view — **Bathroom 2**
Confirms repeated finish types across the duplex layout.

Bedroom view — **Bedroom 1**
Supports flooring and general finish narrative.

Bedroom second view — **Bedroom 2**
Adds depth to the room-by-room photo log.

Bedroom third view — **Bedroom 3**
Extra room coverage makes the sample feel more like a real field file.

Patio view — **Patio**
Important for the 15-year land-improvement story in the sample report.

**Back yard**
Supports exterior-use-area and site-improvement context.

Back yard shed — **Backyard shed**
Helpful visual anchor for detached/site-improvement discussion in the sample report.

**Floorplan sheet 1**
Supports layout context, room relationships, and a more complete exhibit package.

**Floorplan sheet 2**
Adds another printable reference for room-by-room interpretation and quantity logic.

**Floorplan sheet 3**
Provides additional printable layout reference alongside the photo exhibits.