No, Georgia does not conform to federal bonus depreciation rules. Property owners will need seperate depreciation schedules for state and federal taxes (yours CPA should easily handle this).
A AirBNB purchased for $818,082 in Georgia
Purchase Price
$818,082
Land Value
$182,194
22.3% of total
Year In Service
2022
Tax Savings
$120,690
14.8% of purchase
Through a detailed engineering cost segregation study, this AirBNB owner in Georgia accelerated depreciation on qualifying components - turning $120,690 of locked-up basis into immediate tax deductions and improved cash flow.
