Cost segregation for Billings property investors
Largest market — multifamily, medical office, and industrial dominate. Whether you own a single property or a portfolio in Billings, an engineering-based cost segregation study reclassifies components of your building from 27.5- or 39-year real property into 5-, 7-, and 15-year MACRS class lives.
Under the One Big Beautiful Bill Act (OBBBA), 100% bonus depreciation has been restored for qualifying property acquired and placed in service after January 19, 2025 — meaning every dollar of accelerated property identified in your Billings study can be deducted in year one. For a typical property in this market, that often translates to 20–35% of cost basis reclassified into shorter recovery periods.
Montana market context
Montana's rapid in-migration since 2020 has driven multifamily and resort STR activity. Bozeman, Missoula, and Whitefish are particularly active markets.
Every TDA Billings study is built off engineering takeoffs, RSMeans cost data, and the IRS Cost Segregation Audit Techniques Guide methodology.