No, Idaho doesn't conform to federal bonus depreciation. Your accountant will take this into consideration when filing.
A Single Family Rental purchased for $450,000 in Idaho
Purchase Price
$450,000
Land Value
$81,997
18.2% of total
Year In Service
2022
Tax Savings
$55,007
12.2% of purchase
Through a detailed engineering cost segregation study, this Single Family Rental owner in Idaho accelerated depreciation on qualifying components - turning $55,007 of locked-up basis into immediate tax deductions and improved cash flow.
