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Updated over 6 years ago,
ISO: Cost Segregation Engineer/Accountant Cincinnati Ohio
My partner, who is a dentist, and I acquired out first commercial multifamily back in February. I have been intrigued by the possibilities of cost segregation to increase depreciation and insure that we offset our income from the property. However, based on his job I don't think additional depreciation would be put to use offsetting his income (has no other passive investments.)
I am looking for a recommendation in the Cincinnati Ohio area of someone who could assist me with the analysis. Deal details below:
8 unit apt building + Adjacent 2 BR single family
$325K purchase price - $76K investment from my partner
Nets $2000 to $2400/month
Land Value $66K - Improvement Value $185K (county auditor's appraisal in Nov. '17)