Home › Cost Segregation by Location

Cost Segregation by State and City

Real estate investor resources for 58+ US markets. State tax treatment, property type examples, and illustrative first-year deduction scenarios.

See Your Tax Savings →
IRS Audit Techniques Guide methodology 40+ page CPA-ready report Delivered in under 1 hour Audit support included
Featured states

Where investors are most active.

Six states with the highest investor demand for cost segregation studies.

Featured cities

Markets with the most active investor demand.

Six cities where we see the most cost segregation studies ordered.

Denver, CO investment property
Denver, CO
Illustrative: $30K-$90K year-1 deductions
Mountain STR market + strong SFR appreciation. Colorado partial bonus conformity.
See Denver cost seg →
 Dallas, TX investment property
Dallas, TX
Illustrative: $22K-$58K year-1 deductions
No state income tax. New-construction SFR advantage.
See Dallas cost seg →
 Nashville, TN investment property
Nashville, TN
Illustrative: $25K-$55K year-1 deductions
No state income tax. Nashville STR market dominance.
See Nashville cost seg →
 Miami, FL investment property
Miami, FL
Illustrative: $30K-$75K year-1 deductions
No state income tax. High-value condo and STR market.
See Miami cost seg →
 Austin, TX investment property
Austin, TX
Illustrative: $25K-$68K year-1 deductions
No state income tax. Tech-driven rental demand.
See Austin cost seg →
 Los Angeles, CA investment property
Los Angeles, CA
Illustrative: $50K-$110K year-1 deductions
Highest property values. California does not conform to bonus depreciation.
See Los Angeles cost seg →

Not sure which applies to you? Browse examples by property type →

By investor metro

Where you live and earn, not where the property is.

Most cost-segregation buyers live in one state and own property in another. These pages model the combined federal + state bracket math from where you earn W-2, named employers, and the destinations investors from that metro typically buy.

US investor-origin metros and their STR destination markets Map of major US investor-origin metros (amber) and the short-term-rental destination markets they typically buy in (gray). Dashed arrows show common capital flows. Every marker links to its cost-segregation page. 30A FL Smokies Aspen Broken Bow Outer Banks Joshua Tree New York Bay Area Los Angeles San Diego Sacramento Seattle Portland Denver Salt Lake City Phoenix Dallas Houston Austin San Antonio Chicago Minneapolis Madison Detroit Indianapolis Cincinnati St. Louis Kansas City Louisville Nashville Atlanta Charlotte Raleigh Washington DC Richmond Philadelphia Pittsburgh Boston Miami Tampa Honolulu

Investor metros (amber, sized by how many of the markets below sit in that area) and the out-of-state STR destinations (gray) where their residents typically buy. Dashed arrows indicate common capital flows. Select any marker for that market's page.

50%+ combined 24 metros
Half of every extra dollar goes to tax — so each dollar of accelerated deduction is worth the most here.
New York, NY
~54.3% (UHNW)
Manhattan, NY
~54.3% (UHNW)
Brooklyn, NY
~54.3% (UHNW)
Portland, OR
~52.7% (Multnomah)
Honolulu, HI
~51.8% combined
Jersey City, NJ
~51.5% combined
Hoboken, NJ
~51.5% combined
Washington, DC
~51.5% combined
Princeton, NJ
~51.5% combined
Minneapolis–St. Paul, MN
~50.7% combined
Westchester County, NY
~50.5% (no NYC tax)
Los Angeles, CA
~50.3% combined
Newport Beach, CA
~50.3% combined
Irvine, CA
~50.3% combined
San Francisco, CA
~50.3% combined
Palo Alto, CA
~50.3% combined
San Jose, CA
~50.3% combined
Oakland, CA
~50.3% combined
San Diego, CA
~50.3% combined
Mountain View, CA
~50.3% combined
Sacramento, CA
~50.3% (state gov + UC Davis Health)
Boston, MA
~50% (Millionaire's Tax)
Cambridge, MA
~50% (Millionaire's Tax)
Newton / Brookline / Wellesley, MA
~50% (Fidelity/Wellington/Bain/MGB)
42–50% combined 23 metros
High combined federal + state brackets. A cost-seg deduction still offsets income taxed near the top.
Bethesda, MD
~49.5% combined
Madison, WI
~48.5% (Epic Systems/UW Health)
Philadelphia, PA
~47.7% (city resident)
Stamford, CT
~47.6% combined
Greenwich, CT
~47.6% combined
Pittsburgh, PA
~46.9% (city resident)
Richmond, VA
~46.55% (Capital One/Altria/CarMax)
Arlington, VA
~46.5% combined
Tysons / Reston, VA
~46.5% combined
Atlanta, GA
~46.2% combined
Buckhead / Sandy Springs / Alpharetta, GA
~46.2% (Mercedes/NCR/UPS)
Chicago, IL
~46% combined
Cincinnati, OH
~46% (P&G/Kroger/Fifth Third)
St. Louis, MO
~45.75% (Boeing/Edward Jones/Centene)
Kansas City, MO
~45.75% (Cerner-Oracle/H&R/Hallmark)
Salt Lake City, UT
~45.6% combined
Charlotte, NC
~45.3% combined
Raleigh-Durham, NC (RTP)
~45.3% (Duke/IBM/SAS/Cisco)
Denver–Boulder, CO
~45.2% combined
Detroit / Birmingham-Bloomfield, MI
~45.1% (Rocket/GM/Stellantis)
Louisville, KY
~44.3% (Humana/Yum/Brown-Forman)
Indianapolis, IN
~43.85% (Eli Lilly/Salesforce/Elevance)
Phoenix–Scottsdale, AZ
~43.3% (AZ 2.5% flat)
~41% — no state income tax 11 metros
No state income tax (FL · TX · WA · TN). Federal-only, but the Year-1 deduction is still large.

Each page models the combined federal + state bracket for that metro and links to the out-of-state property markets investors from that metro typically buy. *Verify all combined-rate math with your CPA.*

All markets

Every state and city we cover.

State pages cover broad tax treatment; city pages dig into local rental markets, common property types, and illustrative savings.

District of Columbia
Kentucky
Maryland
Nebraska
New Mexico →
State guide only
State tax treatment varies. Some states like California decouple from federal bonus depreciation, which affects your total savings. See state-by-state tax rules →

Not seeing your market?

Cost segregation works on any investment property in any US state. Our engineering-based analysis uses national cost databases and local construction cost indices.

See Your Tax Savings →

Starting at $495 · Delivered in under 1 hour · Money-back guarantee