Gatlinburg cost segregation examples

5 representative Gatlinburg-area properties run through the Cost Seg Smart engine. These aren't hypothetical, every number below comes from the same engine that produces real customer studies.

Summary table

Example Price Reclass % Y1 fed savings @ 37% Land % Recon band
Downtown Gatlinburg Cabin STR
Downtown Gatlinburg · SFR · STR
$625,000 24.2% $44,574 20.4% A
Wears Valley New-Build Cabin
Wears Valley · SFR · STR
$595,000 27.9% $49,141 20.0% A
Cobbly Nob Luxury Chalet
Cobbly Nob / Chalet Village · SFR · STR
$1,100,000 23.3% $75,459 20.4% A
Sevierville Family Cabin
Sevierville (Pigeon Forge corridor) · SFR · STR
$485,000 24.2% $34,690 20.0% A
Cosby LTR Cabin
Cosby / Newport (east of Gatlinburg) · SFR
$385,000 12.4% $14,139 20.0% A

"Recon band" reflects the engine's reconciliation factor (rf_raw): A = clean fit between component-bottom-up sum and depreciable basis; D = high cost-of-construction-vs-purchase ratio, premium land floor applied.

Downtown Gatlinburg Cabin STR

Downtown Gatlinburg · SFR (short-term rental) · Built 2018 · 1900 sqft

$44,574
Year-1 federal savings @ 37%, 100% bonus
24.2%
5/7/15-yr reclass as % of depreciable basis
$497,500
Depreciable basis (20.4% land removed)

Component breakdown

MACRS classReclassified amount% of basis
5-year personal property (FF&E, appliances, decorative finishes, certain electrical)$88,56517.8%
7-year personal property (office equipment, certain agricultural)$2,6420.5%
15-year land improvements (paving, landscaping, fencing, site lighting)$29,2625.9%
Total accelerated$120,46924.2%
27.5-Year Residential Real Property structure (39yr commercial)$377,03175.8%

Land allocation note

For this fixture, the engine used 20.4% land allocation from source: statistical. This is the statistical fallback when reliable county assessor data wasn't available or didn't pass the reliability gate. Estimate comes from the metro → state → national land-ratio hierarchy.

Reconciliation

The engine computed a reconciliation factor (rf_raw) of 1.1981 (A band). Geographic factor: 0.89 (state resolver).

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Wears Valley New-Build Cabin

Wears Valley · SFR (short-term rental) · Built 2021 · 2100 sqft

$49,141
Year-1 federal savings @ 37%, 100% bonus
27.9%
5/7/15-yr reclass as % of depreciable basis
$476,000
Depreciable basis (20.0% land removed)

Component breakdown

MACRS classReclassified amount% of basis
5-year personal property (FF&E, appliances, decorative finishes, certain electrical)$101,31921.3%
7-year personal property (office equipment, certain agricultural)$3,2750.7%
15-year land improvements (paving, landscaping, fencing, site lighting)$28,2195.9%
Total accelerated$132,81327.9%
27.5-Year Residential Real Property structure (39yr commercial)$343,18772.1%

Land allocation note

For this fixture, the engine used 20.0% land allocation from source: statistical. This is the statistical fallback when reliable county assessor data wasn't available or didn't pass the reliability gate. Estimate comes from the metro → state → national land-ratio hierarchy.

Reconciliation

The engine computed a reconciliation factor (rf_raw) of 1.0257 (A band). Geographic factor: 0.89 (state resolver).

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Cobbly Nob Luxury Chalet

Cobbly Nob / Chalet Village · SFR (short-term rental) · Built 2015 · 3200 sqft

$75,459
Year-1 federal savings @ 37%, 100% bonus
23.3%
5/7/15-yr reclass as % of depreciable basis
$875,600
Depreciable basis (20.4% land removed)

Component breakdown

MACRS classReclassified amount% of basis
5-year personal property (FF&E, appliances, decorative finishes, certain electrical)$146,01116.7%
7-year personal property (office equipment, certain agricultural)$3,1460.4%
15-year land improvements (paving, landscaping, fencing, site lighting)$54,7866.3%
Total accelerated$203,94323.3%
27.5-Year Residential Real Property structure (39yr commercial)$671,65776.7%

Land allocation note

For this fixture, the engine used 20.4% land allocation from source: statistical. This is the statistical fallback when reliable county assessor data wasn't available or didn't pass the reliability gate. Estimate comes from the metro → state → national land-ratio hierarchy.

Reconciliation

The engine computed a reconciliation factor (rf_raw) of 1.2135 (A band). Geographic factor: 0.89 (state resolver).

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Sevierville Family Cabin

Sevierville (Pigeon Forge corridor) · SFR (short-term rental) · Built 2019 · 1800 sqft

$34,690
Year-1 federal savings @ 37%, 100% bonus
24.2%
5/7/15-yr reclass as % of depreciable basis
$388,000
Depreciable basis (20.0% land removed)

Component breakdown

MACRS classReclassified amount% of basis
5-year personal property (FF&E, appliances, decorative finishes, certain electrical)$80,88120.8%
7-year personal property (office equipment, certain agricultural)$2,0240.5%
15-year land improvements (paving, landscaping, fencing, site lighting)$10,8522.8%
Total accelerated$93,75724.2%
27.5-Year Residential Real Property structure (39yr commercial)$294,24375.8%

Land allocation note

For this fixture, the engine used 20.0% land allocation from source: statistical. This is the statistical fallback when reliable county assessor data wasn't available or didn't pass the reliability gate. Estimate comes from the metro → state → national land-ratio hierarchy.

Reconciliation

The engine computed a reconciliation factor (rf_raw) of 0.9987 (A band). Geographic factor: 0.89 (state resolver).

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Cosby LTR Cabin

Cosby / Newport (east of Gatlinburg) · SFR (long-term rental) · Built 2010 · 1600 sqft

$14,139
Year-1 federal savings @ 37%, 100% bonus
12.4%
5/7/15-yr reclass as % of depreciable basis
$308,000
Depreciable basis (20.0% land removed)

Component breakdown

MACRS classReclassified amount% of basis
5-year personal property (FF&E, appliances, decorative finishes, certain electrical)$28,0279.1%
7-year personal property (office equipment, certain agricultural)$00.0%
15-year land improvements (paving, landscaping, fencing, site lighting)$10,1873.3%
Total accelerated$38,21412.4%
27.5-Year Residential Real Property structure (39yr commercial)$269,78687.6%

Land allocation note

For this fixture, the engine used 20.0% land allocation from source: statistical. This is the statistical fallback when reliable county assessor data wasn't available or didn't pass the reliability gate. Estimate comes from the metro → state → national land-ratio hierarchy.

Reconciliation

The engine computed a reconciliation factor (rf_raw) of 1.1755 (A band). Geographic factor: 0.89 (state resolver).

Order a study for a similar property →

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