Cost Segregation Providers in Connecticut

[Joshua Awodele]

Hello Biggerpockets Family, 

Need help with two things:

I need recommendations for a reputable firm that can perform a cost segregation for a STR investment in Fairfield County Connecticut.

Concerning the passive activity rules exemption requirements related to the STR Loophole, what are examples of "extraordinary personal services" I can incorporate within the business in hopes of converting from STR to MTR (midterm rental) while still qualifying for the STR loophole? This way, I can take bookings for greater than 30 days and still qualify for the tax incentive.

For reference: 

https://wcginc.com/blog/short-term-rental-tax-loophole/#:~:t....

https://www.irs.gov/instructions/i8582

Thank you 🙏 

[Devin Peterson]

Quote from @Joshua Awodele:

Hello Biggerpockets Family, 

Need help with two things:

I need recommendations for a reputable firm that can perform a cost segregation for a STR investment in Fairfield County Connecticut.

Concerning the passive activity rules exemption requirements related to the STR Loophole, what are examples of "extraordinary personal services" I can incorporate within the business in hopes of converting from STR to MTR (midterm rental) while still qualifying for the STR loophole? This way, I can take bookings for greater than 30 days and still qualify for the tax incentive.

For reference: 

https://wcginc.com/blog/short-term-rental-tax-loophole/#:~:t....

https://www.irs.gov/instructions/i8582

Thank you 🙏 

 Hi I have a recommendation if you need it. Lets connect!