No, Vermont does not conform to federal bonus depreciation. Property owners must follow Vermont's depreciation schedules, increasing the complexity of state tax filings.
A Self Storage Facility purchased for $628,830 in Vermont
Purchase Price
$628,830
Land Value
$114,583
18.2% of total
Year In Service
2023
Tax Savings
$74,216
11.8% of purchase
Through a detailed engineering cost segregation study, this Self Storage Facility owner in Vermont accelerated depreciation on qualifying components - turning $74,216 of locked-up basis into immediate tax deductions and improved cash flow.
