Self Performed Cost Segregation Study

[Michael Archard]

I have been thinking about self-performing a cost segregation study to tap into accelerated depreciation on one of my smaller rental properties. I have seen companies offering the service for a few thousand dollars. Has anyone done one themselves? I know the IRS guidelines require a competent person with an engineering or appraising background. I am a civil engineer PE with a background in real estate, construction, finance and estimating.