Cost Segregation to advance your depreciation payments

[Nicole Duran]

Hello BP members. I just discovered a new way to leverage your money and current assets to purchase other real estate and am wondering if its too good to be true and what is the catch. What are your thoughts on Cost Segregation to speed up depreciation payments? My first impression of it is why not?! A dollar today is more than a dollar tomorrow and as long as you don't sell the property in 5 years or less than how can it hurt, right? I'm new to this trick so any thoughts would be greatly appreciated.