- Run a cost segregation study on this property in 2024 and you might have $100k on line 18...Without diving too deep on this post - If you run this scenario as a real estate professional while materially participating in the property, You'll be able to reduce your's and your spouses taxable income that year... 

The reason I’m pointing this out is to distinguish my post here from most of my other posts where I have specific expertise, knowledge and experience in the subject matter.  

Originally posted by @Eric Jones:@Roy N. - good post.

To maintain control and avoid being locked into larger deals, consider directly owning replacement properties or exploring a partial 1031 exchange while carefully structuring syndication investments.This post does not create a CPA-Client relationship.

I hope this wasn't too much of a rant for a first post!

From reading other posts this year has been particularly challenging. 

This is a long revived post- I'll add a little tax pro insight from what's happened in the last 2 years The IRS went from < 100 engineers on staff who were qualified to audit cost segregations to a few hundred. 

BTW, I've been trying to post this for several days (ever since the article in WaPo came out).

@Rich O'Brien Hey, I hope things are picking up in your life now.Wanted to check-in and see how things are going as well.This community seems to be so helpful, I'm glad you were strong enough to post about your situation.

Recommend you have a great understanding of the answers to these questions before thinking about a lawsuit.You'll also want to use these questions as discussion points with any new PMC you interview.If you post the address, everyone here will be able to give you more feedback about the quality of the listing and perhaps more insights.