Real engineered studies
Real engineered studies, anonymized.
Every study here is a real cost segregation study run by the Unlevered engine on an actual property. The facts and every dollar are true — computed, cited, and reproducible. Addresses and client identities have been changed for privacy.
Flagship studies
The Salt House Marion
A Marion coastal cottage short-term rental: a full remodel that writes off the components torn out and takes 100% bonus on the new short-life build.
Timber Ridge at Sea Ranch
A Sea Ranch short-term rental: a gut remodel that writes off the old components and takes bonus on the new short-life build.
More studies
The Kenwood Twin Cabins
A fire-rebuilt two-cabin Sonoma County rental. The owner's expense sheet missed the detached gym and sauna (an additional $120,425 deduction found), and the photo inventory proved 3 times the furniture the receipts captured, adding another $38,741 to year one.
The Baldwin Park Bungalow
A 1949 Los Angeles County bungalow bought January 7, 2025 — thirteen days before the 100% bonus cutoff — and demolished before it ever entered service. A real study about what sequencing costs.
The Palma Vista Unit B
An East Austin short-term rental that never claimed a dollar of depreciation in thirteen years. The lookback books every sidelined year in one Form 3115 filing, furniture itemized from the listing photos.
The Willow Bend Condo
An Austin condo unit with a documented 65% common-element interest — proof condo ownership doesn't forfeit cost seg. Five never-depreciated years land at once, booked in a single Form 3115 filing off the owner's own floor plan.
The Wren Hollow STR
An East Austin short-term rental that was already being depreciated correctly — three filed years of straight-line. Cost seg still pays: reclassifying the building's short-life components books the accelerated dollars the slow schedule left behind as a single Form 3115 catch-up, without disturbing the mid-stream HVAC and appliances the return already handled.