For tax professionals · CPA firms · EAs

The first asset depreciation platform built for tax professionals.

Run IRS-aligned cost segregation studies in-house, with engineer QA, structured workflow, and defensible outputs your clients can rely on.

2026 OBBA validated

100% bonus depreciation and lookback specialists. Every Unlevered study runs full OBBA eligibility checks and applies the correct rate per component — including §481(a) catch-up on properties held for years.

$1.06MCPA earnings YTD from cost seg
142Studies completed YTD
68CPA firms onboarded
24 hrsSLA from docs & deposit received
How it works

From scattered files to an engineered study, in 4 simple steps.

A structured workflow that runs end-to-end: client intake, deposit and engagement, automated analysis, engineer QA, and a defensible report shipped under your firm's brand. We handle payments for you, deposit at engagement and final at delivery, so your invoicing stays in one place.

01

Add the property

Enter client details and property address. Unlevered emails the client to upload their rent roll, settlement statement, and photos.

02

Estimate & deposit

Generate a year-one deduction estimate before the client commits. They review, sign the engagement, and pay the deposit.

03

Run & QA

Component-level analysis runs against IRS-aligned methodology.

04

Deliver & file

Send an interactive cost seg report with a PDF option, inclusive of tax filing forms, to your client and into your filing systems.

Inside the platform

Simple platform. Built to run & track studies.

Sign up, onboard the client, collect proof in one place, and run the study with one click, including payment collection.

Critical insights

Asset-level calculations and allocations in a simple, interactive chart.

Easy to use

No software to install. Works on mobile and desktop.

Secure by default

SOC 2 foundations with OAuth sign-in and modern data protection.

Built-in payments

Deposits at engagement, final on delivery, easy to collect.

IRS schedule generation

Form 4562 depreciation workpaper and Form 3115 (§481(a) lookback) generated alongside every study.

Property types we serve

Residential real estate. Bonus depreciation and lookback specialists.

We serve residential investment property, long-term rentals, short-term rentals, and multifamily, and specialize in lookback studies that catch up missed depreciation on properties owners have held for years.

Long-term rental illustration
Long-term rentals

LTR

San Francisco, CA

Single-family rentals and small portfolios on year-plus leases. The bread-and-butter, both new acquisitions and properties owned for years.

$96K
avg year-one deduction
100%
OBBBA bonus rate
Short-term rental illustration
Short-term rentals

STR

Maui, HI

Vacation rentals and Airbnb-style units. Material-participation rules unlock significant first-year impact for owner-managed STRs.

$84K
avg year-one deduction
100%
OBBBA bonus rate
Multifamily illustration
Multifamily

Multifamily

Atlanta, GA

5+ unit apartments and townhomes. Deepest reclassification opportunity, interior finishes, appliances, and site work all in play.

$1.2M
avg year-one deduction
100%
OBBBA bonus rate
Core product

Lookback. Catch up missed depreciation.

For owners who've held a property as a rental for years but never claimed depreciation. We generate Form 3115 and the supporting schedules so the full catch-up lands in the current return — designed to support look-back workflows under §481(a) without amending prior returns. CPA reviews and signs. Average lookback unlocks $842K.

Same engine

New acquisitions & remodels.

Fresh closings, substantial remodels, and qualified improvement property. Same workflow, same provenance trail, same engineer-certified deliverable and CPA approval. We treat new builds the way we treat year-twelve holds.

Security & trust

Financial-grade security, built in from day one.

Property-first data, minimal client PII, and serious controls. Designed around SOC 2's core trust service areas: security, availability, processing integrity, confidentiality, and privacy.

SOC 2 posture

Built against SOC 2 controls from day one. Type I audit work begins post-launch; detailed control mapping available under NDA.

Encryption everywhere

TLS 1.3 in transit, AES-256 at rest. Per-tenant key isolation and full audit logs on every document touch.

Property-first data

We collect what the study needs: property records, photos, permits, remodel history. Client PII stays intentionally minimal.

Append-only audit log

Every read, write, sign, and deliver action recorded with actor, time, and context. 7-year retention. Finalized studies are immutable.

Role-based access

Row-level security on every table. Role-based access by firm seat. Magic-link auth with MFA required for partners.

US data residency

All data, including database, storage, backups, lives in US-East regions. No cross-border replication. US-based contractors only.

Common questions.

If yours isn't here, talk to us. We're built by people who've been on both sides of a cost seg engagement.

What is a cost segregation study?
An engineering-based reclassification of real-property assets into shorter depreciation buckets. Components that would otherwise depreciate over 27.5 years can be reclassified into 5-, 7-, and 15-year property, unlocking significant first-year deductions through bonus depreciation.
Can property owners use this to run their own study?
Unlevered is built for tax professionals, not direct consumers. Owners can't run their own study, but they can ask their CPA to use Unlevered, or we'll route them to a CPA in our network. CPA review, sign-off, and Form 3115 packaging require a tax professional in the loop.
What does OBBBA mean for new studies?
The One Big Beautiful Bill Act (OBBBA) restored 100% bonus depreciation for qualifying property — eligibility depends on placed-in-service date, acquisition date, contract date, and original-use/used-property rules. Every Unlevered study runs the full eligibility check and applies the correct bonus rate per component, including the TCJA phase-down (2023–2024) and the OBBBA restoration. The engine flags mismatches when reviewing prior studies.
How long does a study take?
Most studies are completed within 24 hours after we have the required inputs and client deposit. Complex multifamily and commercial assets may take longer. Every study includes engineer QA review before delivery.
Is this IRS-compliant?
Our engine is calibrated against MACRS recovery periods and applies bonus depreciation under current law. Every dollar in the report traces to a source, a formula, or a documented assumption. Every study is engineer-certified and CPA-approved before release.
What's a lookback study?
For properties that have been rentals for years but never had a cost seg study, we file Form 3115 to claim the missed depreciation as a §481(a) adjustment in the current return. No amended returns required. The catch-up is recognized in year one.
Can I deliver under my firm's brand?
Yes. Every report is white-labeled with your firm's name and logo. Your client sees Unlevered nowhere. We're the engine; you're the practitioner.
How does pricing work?
Start with a guided trial, then pay per completed study. Pricing scales with your firm's volume. Talk to us to scope a fit for your practice.
What happens to my client's data?
We collect property-level data primarily: records, photos, permits, remodel history. Client PII stays intentionally minimal. Encrypted in transit and at rest, US data residency, full audit log, 7-year retention.
Get started

Run your first study this week.

Book a 20-minute walkthrough. We'll set up your workspace, white-label your reports, and run a sample lookback on a property you already own.