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Analyzer · Waitlist

Underwrite your next STR
like a pro.

See whether bonus depreciation could cover your down payment — before you close. A pre-purchase estimator built for STR investors working a buy-box.

No spam. One email when we open access.

The gap in the investor stack

You have revenue estimates. You have a mortgage calculator. What’s missing is the tax side.

AirDNA tells you what a property could earn. A spreadsheet tells you the carrying cost. Neither tells you whether cost segregation plus bonus depreciation lands enough Year-1 deduction — against your W-2 income — to bankroll the down payment this tax year. That’s the question we’re building the analyzer to answer, so you can screen a shortlist of properties in minutes, not weeks.

What the analyzer does

Four inputs.
One estimate of Year-1 after-tax cash.

An underwriting estimate — not a cost segregation study. When you close, the full study runs on real property data, and waitlist members get first access.

Property address
Used to estimate land-vs-improvement ratio from public records.
Purchase price & down payment
Basis for the study estimate and the capital you're deploying.
W-2 income & filing status
Determines the marginal rate your deduction offsets.
Target close date
Places the deduction in the right tax year — catch-up if needed.
Answers for investors

Questions you're asking
while you underwrite.

What W-2 investors want to know before they wire earnest money — bonus depreciation, the short-term rental tax loophole, and the difference between a pre-purchase estimate and a full cost segregation study.

Can I do a cost segregation study before I close on the property?+
A full cost segregation study requires the property to be in service, so it runs after closing. A pre-purchase estimate is what the analyzer is for — we use public records (land-to-improvement ratio, comp assessments, build cost per square foot) to project Year-1 bonus depreciation before you commit capital. When you close, the estimate is upgraded into the real IRS-ready study.
Will bonus depreciation cover my down payment on a short-term rental?+
Sometimes — and that's the exact question the analyzer is designed to answer. It depends on the purchase price, your marginal W-2 tax rate, the current-year bonus depreciation rate, and the share of basis that a cost seg study reclassifies into 5-year, 7-year, and 15-year property. Higher brackets and properties with strong personal-property components see the biggest Year-1 offset.
Does the short-term rental tax loophole apply to W-2 income?+
Yes. Under IRC §469, STR losses can offset active W-2 income when the average guest stay is seven days or fewer and you materially participate in the rental activity. Real Estate Professional status is not required. This is why high-income W-2 earners use short-term rentals as a tax strategy.
How much bonus depreciation can I claim on a short-term rental?+
It depends on two things: the current-year bonus depreciation rate (set by Congress and subject to ongoing legislative changes) and the percentage of your cost basis that a cost segregation study reclassifies to 5-year, 7-year, and 15-year property. Our bonus depreciation pillar guide walks through the live rate and worked examples.
What's the difference between a pre-purchase estimate and a cost segregation study?+
An estimate is a directional projection built from public parcel data, used to screen deals during underwriting. A cost segregation study is a defensible, IRS-audit-ready document produced on a property you own, using property-specific data. The analyzer produces the estimate; Abode's cost seg study runs once you close.
Can I underwrite multiple properties at the same time?+
That's the target workflow. Most STR investors working a buy-box evaluate 5–20 properties at once. The analyzer is designed to score a shortlist quickly so you focus diligence on the deals with the best projected after-tax cash return, not every address on your Zillow watchlist.
What does the Property Investment Analyzer cost?+
It will be free. The paid product is the cost segregation study itself, which runs after you close on the property. Waitlist members get first access when the analyzer opens, and we may reach out with a few questions to shape what gets built first.
How accurate is a pre-purchase bonus depreciation estimate?+
Accurate enough to screen deals, conservative enough that you won't over-rely on it. We use publicly available parcel data and standard MACRS asset classifications to produce the estimate; the full study at closing refines every number with property-specific inputs. Treat the output as an underwriting input — not a filed return.
Go deeper

Pillar guides
for STR tax strategy.

The tax mechanics behind the analyzer — written for investors, referenced by CPAs.

Bonus depreciation explained
How the current-year rate, TCJA phasedown, and cost seg interact — with math.
The STR tax loophole — complete guide
Why 7-day average stay + material participation beats REPS for W-2 earners.
Cost segregation for short-term rentals
Methodology, asset classification, and what a modern AI-accelerated study includes.
Material participation for STRs
The seven tests and how to document them so your deduction holds up under review.
Join the waitlist

First access when it ships.

We’ll email you when the analyzer opens. If you’re actively underwriting deals, we may reach out with a couple of questions to shape what gets built first.

No spam. One email when we open access.

Every year you wait,
the IRS keeps your money.

Traditional cost seg takes 3–8 weeks and $2,000+. We deliver yours in minutes for $481 flat. Get a personalized first-year estimate in under 2 minutes — free. Your CPA files it the same week they review it.

Get My Free Estimate →