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 7 years ago,
Cost segregation on commercial Building
I recently purchased an office building and an engineering firm reached out to me and suggested that I do cost segregation for the building to save on taxes.
I have read about it vaguely (separation of personal versus other assets and use of depreciation in various years to achieve this). Has anyone done it? Has it saved money?
Any input would be appreciated.