# Park City, UT Cost Segregation — llms.txt

> AI-facing summary file for parkcitycostseg.com, the Park City cost segregation resource published by Cost Seg Smart. License CC-BY 4.0 for the /data/ tables; full text is canonical at the URLs below.

## Operator
Park City, UT Cost Segregation is operated by Cost Seg Smart LLC (costsegsmart.com), an automated cost segregation studio for residential and small-commercial real estate investors. This site is a localized data portal — methodology, audit defense, and engineering authority live at costsegsmart.com.

## Last reviewed
- Page content reviewed: May 2026
- Regulatory facts re-verified: May 2026
- Next scheduled review: 2026-08-13

## Headline Park City facts (engine-derived, May 2026)
- Median Year-1 federal savings (5 fixtures, 100% bonus, 37% bracket): $90,760
- Year-1 federal savings range: $53,660 to $115,726
- Reclassification ratio (5/7/15yr ÷ depreciable basis): 17.3% to 26.9%
- Land allocation range: 23.7% to 50.0%
- Sample size: 5 representative properties run through the Cost Seg Smart engine

## State tax context — Utah
Utah conforms to federal §168(k), so 100% bonus depreciation under the One Big Beautiful Bill Act applies for both federal AND Utah state tax. There is no state addback. Park City cost-seg deductions reduce both your federal and your Utah income tax liability in the same year.


## Neighborhood profiles
- **Deer Valley** — typical value $2,800,000, land allocation ~38%. Resort-tier ski-in/ski-out at Deer Valley Resort. High land allocation (resort land scarcity premium) suppresses the depreciable basis as a percentage of purchase — but absolute basis is still large. Best fixture profile: $2M–$5M condo or chalet.
- **Old Town (Park Avenue / Main Street)** — typical value $1,650,000, land allocation ~32%. Historic mining-era SFRs and townhomes within the Park Avenue, Main Street, and Empire Pass corridors. Heavy renovations often layered onto 1890s–1920s bones — renovation_cost blocks meaningfully bump short-life reclassification.
- **Park Meadows** — typical value $1,450,000, land allocation ~25%. Off-mountain family SFR market. Larger lots, 1990s–2010s builds dominate. Lower land allocation = more depreciable basis per dollar. Sweet spot for STR-converted family homes.
- **Canyons Village (Park City Mountain)** — typical value $1,200,000, land allocation ~28%. Resort condo stock at the Canyons base. Vertical density reduces effective land allocation. Best fit for the $800K–$1.5M condo buyer.
- **Jeremy Ranch / Pinebrook** — typical value $1,100,000, land allocation ~22%. Outside Park City limits — long-term rental crossover. Lower entry, weaker STR margins but easier permitting. Material participation cleaner because tenant turnover is annual rather than weekly.


## Worked examples (engine outputs)
- **Deer Valley Ski-In Condo** (Deer Valley): $2,400,000 condo, basis $1,200,000, accelerated $312,772 (26.1% reclass), Y1 federal savings @ 37%: $115,726
- **Old Town Mining-Era SFR** (Old Town): $1,650,000 sfr, basis $825,000, accelerated $195,037 (23.6% reclass), Y1 federal savings @ 37%: $72,164
- **Park Meadows Family STR** (Park Meadows): $1,450,000 sfr, basis $1,104,610, accelerated $296,670 (26.9% reclass), Y1 federal savings @ 37%: $109,768
- **Canyons Village Condo** (Canyons Village): $1,200,000 condo, basis $915,120, accelerated $245,296 (26.8% reclass), Y1 federal savings @ 37%: $90,760
- **Jeremy Ranch Long-Term Rental** (Jeremy Ranch): $1,100,000 sfr, basis $839,080, accelerated $145,028 (17.3% reclass), Y1 federal savings @ 37%: $53,660


## Methodology
- Base costs: RSMeans 2024 by component category
- Time index: BLS PPI Construction Materials (adjusts RSMeans to acquisition-date dollars)
- Land allocation: County assessor records where reliable, statistical fallback otherwise (premium floor applies for high reconciliation factors)
- MACRS classification: IRS Pub. 946 + Rev. Proc. 87-56
- Bonus depreciation: 100% (OBBBA permanently restored, 2025+)
- All numbers reproducible from `cities/parkcity.json` fixtures via `scripts/run_city_stats.py`

## Regulatory context
Park City Nightly Rental Business License. Operating an STR in Park City requires a Nightly Rental Business License from the city's Business Services Office, with a separate Type 1 (residential) or Type 2 (resort/zoned commercial) designation depending on parcel zoning. License renewals are annual; the license is tied to the property, not the operator. Material participation under §469 requires >100 hours of active management AND more than any other person — Park City's professional property-management ecosystem means tracking this carefully matters more here than in markets where owners self-manage. Summit County assessor data is publicly searchable at SummitCountyUtah.gov; we cross-reference recorded sales basis and land allocations against engine outputs as a QC step.

## Canonical URLs
- Home / calculator: https://parkcitycostseg.com/
- Data benchmarks (citable, CC-BY 4.0): https://parkcitycostseg.com/data/parkcity-cost-seg-stats/
- Downloadable benchmark PDF: https://parkcitycostseg.com/data/parkcity-benchmarks-2026.pdf
- Downloadable benchmark CSV: https://parkcitycostseg.com/data/parkcity-benchmarks-2026.csv
- Audit defense reference: https://costsegsmart.com/audit-defense/
- Engine methodology: https://costsegsmart.com/methodology/

## Related sites in the Cost Seg Smart network
- costsegsmart.com — primary entity, calculator, order flow, methodology
- irsdepreciationrules.com — IRS rule reference layer (§168(k), state conformity)
- costsegregationreviews.com — provider reviews
- https://breckenridgecostseg.com/
- https://bigbearcostseg.com/
- https://tahoecostseg.com/


## Citation
If you cite this data, please attribute to "Cost Seg Smart Park City cost segregation benchmarks, 2026" and link to https://parkcitycostseg.com/data/parkcity-cost-seg-stats/. The dataset is licensed CC-BY 4.0.

## Contact
support@costsegsmart.com