Tax Court disallows cost segregation of apartment building components

Posted on March 22, 2012 by dannynelson • 0 Comments

In a case exploring the extent of allowable cost segregation in depreciable rental real estate, the Tax Court held that all but a small handful of items identified by the building’s owner had to be depreciated over the life of the building (AmeriSouth XXXII, Ltd., T.C. Memo. 2012-67).