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Updated about 2 years ago on . Most recent reply

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62
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34
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Steve Armstrong
  • Investor
  • Prospect, KY
34
Votes |
62
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need lender who understands cost segregation on taxes

Steve Armstrong
  • Investor
  • Prospect, KY
Posted

We are trying to buy a short term rental, and need a good lender.  The lender needs to understand cost segregations / accelerated depreciation on our tax returns.   I appreciate your help!    Steve

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Henry Clark
Pro Member
#1 Investor Mindset Contributor
  • Developer
3,724
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3,755
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Henry Clark
Pro Member
#1 Investor Mindset Contributor
  • Developer
Replied

Not an issue:

1. They should only be worried about NOI or above line

2.  Tell them your year 1 depreciation write offs and they will understand.  All 4 of my bankers understand. Not an issue. 

  • Henry Clark
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