Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Tax, SDIRAs & Cost Segregation
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 2 years ago on . Most recent reply

User Stats

25
Posts
9
Votes
Eric Sebast
9
Votes |
25
Posts

Cost Segregation using diycostseg.com?

Eric Sebast
Posted

Hey all, just about to close on our first property at just over $100k, talking to the CPA who we have used in the past he said he doesn't recommend doing a cost segregation because it would cost us about $3k for him to do it and since it is only a $100k house, he doesn't think its worth it to us to spend that.

So looking around, I found diycostseg.com, and with the audit support it would cost us $690 and just doing the quick tool says the first year depreciation would be about $29,000.

has anyone had experience with that site, or have any recommendations they could share? 

  • Eric Sebast
  • Most Popular Reply

    User Stats

    626
    Posts
    496
    Votes
    Joe Martella
    • Rental Property Investor
    • Cherry Hill, NJ
    496
    Votes |
    626
    Posts
    Joe Martella
    • Rental Property Investor
    • Cherry Hill, NJ
    Replied

    I am following.  Everything seems good until it comes time to respond to an audit.  That is the true test.  Will the cost segregation provided hold up in an audit. 

    Loading replies...