Cost segregation can be a help, especially with the bonuses available, but you want to make sure the numbers are right.

It’s free bonus material when u get the book. 

Had to forego on bonus depreciation (had done a cost seg) because I'd end up paying more tax for my 2024 return due to the recapture rules.

Honestly, we should have been easy clients - we came to him with a plan in place wanting his help on claiming REP status, setting up a cost segregation for a rental property bought and functioning in 2022, so that we could file for 100% bonus depreciation for that tax year.

I want to pay my credit cards off ($15k) and adopt children (estimated to cost $10-15k) My company will reimburse me the adoption fees, but not until it's finalized so I am hoping to do a HELOC so I can re-use that monies later on for bonus items like a pool or something fun for the kids.

You can deduct any amount of bonus depreciation"? 

Honestly, we should have been easy clients - we came to him with a plan in place wanting his help on claiming REP status, setting up a cost segregation for a rental property bought and functioning in 2022, so that we could file for 100% bonus depreciation for that tax year.

In many cases the light source was an added bonus but today, unless the bathroom is really designed appropriately for having a window, it is most often is misplaced in a shower/tub set up. 

With cost seg and bonus depreciation, we can save around 20K in taxes.Will eventually convert to a ltr.

The appreciation of this property by 48.25% (129,000 sale price -10,000 closing costs - 80,000 we bought it for/80,000 = 48.75%) in just two years stood as a testament to the transformative power of real estate investment.See the house here: https://www.realtor.com/realestateandhomes-detail/723-169th-...P.