When To Use A Cost Segregation Study?

[Ryan Reid]

Hey everyone,

I am a new investor that closed on my first property back in June of this year (new construction) and will be closing on my second (a BRRRR property) in the middle of December. Now that tax season is around the corner, I learned that cost segregation studies will speed up the depreciation of my property, so I can pay less in taxes. I love my W2 job and don't want to leave it, so my long-term goal is making enough passive income to cover my family's monthly bills and save for more properties in the future.

So, my questions are:

What are the pros and cons of using a cost segregation study at this point in my investing career?

Will cost segregation studies positively or negatively impact my ability to finance more properties in the future?

Any advice will be much appreciated!

Ryan Reid