Apartment unit turns, furnishings and shared amenities
CHICO AND BUTTE COUNTY PROPERTY OWNERS
Reviewed August 18, 2026 · Updated for current federal bonus-depreciation guidance
North Valley property needs more than a statewide percentage.
Chico and Butte County properties range from student-oriented and conventional apartments to medical offices, agricultural processing, storage, retail and light industrial facilities. A property-specific study documents how the building, site work and operating components are actually used before assigning recovery periods.
- ✓ No study work before payment
- ✓ CPA-ready final report
- ✓ California statewide
WHY IT MATTERS
Move eligible basis into faster recovery periods.
A Chico-area review should separate original acquisition basis from unit turns, post-fire reconstruction, tenant buildouts and later capital projects. Student housing can include furnishings, security, recreation and common-area assets, while agricultural or production sites may contain equipment-support systems that must be distinguished from general building utilities and machinery already carried on the fixed-asset schedule.
Plain English: you are not creating a new deduction. You are identifying when supported pieces of the property may be depreciated.
WHAT WE REVIEW
Chico and Butte County records worth reviewing
Agricultural processing and equipment-support connections
Medical, dental and veterinary specialty buildouts
Parking, drainage, fencing, irrigation and site lighting
Reconstruction, insurance and later improvement records
Land allocation and separately scheduled machinery
SHOW ME THE NUMBERS
Illustrative Chico commercial example
Illustrative only. This assumes a 37% federal marginal rate where shown and that the owner can currently use the deduction.
- Property value
- $3,500,000
- Estimated depreciable basis
- $3,000,000
- Potential faster basis
- $510,000 to $810,000
- Potential upfront federal effect
- $189,000 to $300,000
- Study or comparison benchmark
- $7,500 to $15,000+
This is a timing illustration, not guaranteed permanent tax savings. California commonly requires a separate depreciation schedule because it generally does not conform to federal bonus depreciation.
DOES IT FIT?
Strong candidates usually have four things.
✓
Income-producing or business property in Butte County
✓
Recent purchase, construction or substantial renovation
✓
Building and improvement basis supports the study fee
✓
Owner can document later projects and equipment ownership
STATEWIDE COVERAGE
Serving owners throughout the region.
ChicoOrovilleParadiseGridleyBiggsDurhamButte CountyNorth Valley
PORTFOLIO PRICING
More properties. Lower cost per study.
Order and pay for the properties together to receive a simple portfolio discount.
2 properties5% off3 to 4 properties10% off5+ properties15% off
STRAIGHT ANSWERS
Frequently asked questions.
Can student housing receive a cost segregation study?+
Potentially. The analysis should distinguish the building from owner-owned furniture, appliances, security, recreation, common-area and exterior improvements, while avoiding any assets already recorded separately.
How should reconstruction costs be handled?+
Reconstruction, insurance proceeds, retired assets and later capital projects should be reconciled by year. The study classifies only supported tax basis and should not duplicate costs already deducted or capitalized elsewhere.
Is the free estimate a completed study?+
No. It is an illustrative screen using the facts you provide. No engineering takeoff, professional certification or tax opinion is included. Technical work begins only after a signed and paid engagement.
Does my CPA need to approve the study first?+
No. It is smart to ask whether you can currently use additional depreciation, but the paid study does not require advance CPA approval. Your CPA makes the final filing decision.
Do you guarantee tax savings?+
No. A study accelerates the timing of eligible depreciation. Results depend on basis, property facts, placed-in-service dates, passive-loss rules, tax rates and the owner's filing position.
AUTHORITATIVE SOURCES
Reviewed against current IRS and California guidance.
Last reviewed August 18, 2026. Tax rules and procedures can change. Your CPA should confirm the law that applies to your acquisition date, placed-in-service date and return.
FREE PRELIMINARY PROPERTY SCREEN