Tax, SDIRAs & Cost Segregation
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 2 years ago, 06/29/2022
Cost Segregation using diycostseg.com?
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?