HVCSS Articles & Publications

On May 13, 2025, the United States House Committee on Ways & Means, led by Chairman Jason Smith, introduced “The One, Big, Beautiful Bill,” a comprehensive tax reform proposal that echoes the principles of the Trump-era Tax Cuts and Jobs Act (TCJA). This bill brings significant changes to federal tax policy, offering opportunities for taxpayers,  … Read more

Analysis of 27.5-Year Property and 100% Bonus Depreciation for Residential Rental Property The document, “The One, Big, Beautiful Bill,” outlines tax provisions affecting depreciation, particularly through Sec. 111001 and Sec. 111101, which are relevant to your questions about 27.5-year property (typically residential rental property) and whether 100% bonus depreciation applies to it. Below is a  … Read more

If you’ve recently purchased or built a commercial property, you might be sitting on a tax-saving opportunity without even knowing it. Enter the cost segregation study—a powerful tool used by property owners to accelerate depreciation deductions, improve cash flow, and reduce tax liability. But what exactly is it, and how does it work? Let’s break  … Read more

THE COMPLEX WORLD OF MACHINERY, EQUIPMENT AND THE PRODUCTION FUNCTION  The average passenger automobile has over 30,000 individual parts, a modern 747 has over 6 million parts, and the now retired NASA space shuttle contained over 2.5 million moving parts. It is impossible to calculate the combined labor, materials, logistics, research & development of any  … Read more

Hotel Valuation & Cost Segregation Services, LLC Bonus Depreciation is fading away over the next 5 years. With the help of the IRS Section 179 Deduction and still powerful Bonus Depreciation, lodging Owners can save thousands of dollars in federal income tax savings in 2022 and beyond. IRS Section 179 Depreciation Section 179 of the  … Read more

THE MTS JOURNAL Auction Theory, Game Theory, and AppraisalW alter W . O’Connell, M.E., ASA, SCSP Three appraisers are lost in the desert! They are wandering through the desert, dying of thirst, when they come across a hiker with one bottle of water to spare! Each appraiser reaches into their pocket to see what they  … Read more

It’s time to index some pricing data you were given, or better yet, data you have compiled on your own data. You have decided on the collection method that you are going to use: survey, interview, focus group or, at a bare minimum, obtained data from a reliable and confirmable source. You have remembered to  … Read more

THE MTS JOURNAL Auction Theory, Game Theory, and AppraisalW alter W . O’Connell, M.E., ASA, SCSP From time to time there arises a situation in all appraisers’ lives where they find holes in a data set that they would like to use for appraisal assignments. That is to say, when working with tables with a  … Read more