Cost Segregation for Capital Improvements in 2017

[Craig Poskus]

Hi BP Folks!

My search skills must be weak and I apologize in advance for not being able to locate the answer to my question.  I am trying to find out what capital improvements go in which bucket for cost segregation depreciation.  For instance, I know appliances (ie stove or refrigerator) go in the 5 year bucket, however what about windows, floors or decks?? The IRS publication 527 does not appear to be much help.

My reason for asking is because I bought a multifamily unit and have done ~$75,000 of upgrades to the property.  Now I figured this would be an issue, therefore I have receipts scanned as well as a list in Excel of every item purchased from nails to bath tubs.  My issue is now determining what depreciation bucket to put each item in.  

I know Steven Hamilton is the guru in this, but its tax time and I know he's extremely busy.  Could anyone who has been through this before assist me in this situation.  I would really hate to put all this to 27.5 year depreciation...

Thanks in advance!!

Craig

[Michael Plaks]

@Craig Poskus

As someone who has been in the tax business for 20 years (in Houston, by the way) - I can tell you: get a professional cost segregation study, as @Yonah Weiss and @Paul Caputo suggested. 

Unless by multi-family you mean a duplex - then this study is worth investing into.