Tax segregation: does the property need to be vacant?

[Alex Jacobson]

I have a client who would like to buy a multi-family and STR property in Colorado and apply tax segregation rules before the end of year.

But they are claiming that in order to  that, the property must be vacant? Is that the case?

Thank you! 

Boulder REALTOR®

[Chris Lopez]

No properties don't need to be vacant for a cost seg study.

Buying and operating an STR to meet the STR guidelines, might be tight. The multis I've invested in have often generated 30-50% in year depreication in the Denver area.