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Updated 5 months ago, 07/08/2024
Cost Segregation Study Experience
I currenntly have 5 properties and am needing to cut down on tax liabilities for this year. I have never done a cost seg for any properties up to this point and understand the fundamentals of the process. However, I would like to know a few things from people that are more experienced:
1. Who do you traditionally use? Is there any benefit from local companies?
2. In your experience, was the study pricing justified for how much tax savings you got?
3. I have heard that there are a couple different options. 1. Doing it by yourself with minimal assistance. 2. The hybrid method. 3. Having a company do the entire process. What have you found works best?
Again I have never done this and only have minimal understanding of the process! Any and all help would be greatly appreciated, thanks!