09/25/2026
1. Rent your shop? This does nothing for you
2. Just bought? Timing is ideal
3. Bought years ago and never did one? Ask about a look-back study
Own the building your shop sits in? You’re probably depreciating it over 39 years.
On a $1M building, that’s about $25,600/yr
vs
$269,000 with a cost segregation study