Typically a cost seg can provide a ton of benefits to accelerate depreciation on pieces of the purchase that wouldn't usually be allocated out under normal circumstances. 

I can share resources like a neighborhood-graded map and contractor rolodex with you!

The covered parking area and patios should have adequate drainage to prevent water accumulation and potential damage.Investment ForecastPurchase Price: $849,900Total NOI over 10 years: $308,782.13Year 10 Value: $1,256,336 (based on a conservative 4% appreciation rate)Annualized return: 6.30%ConclusionWhile this property is poised for appreciation, sustaining it over several years for substantial returns would require substantial financial resources due to high debt servicing costs and negative annual Cash on Cash (CoC) returns.

I came across BP - and the resources and community here are just so vast and meaningful, I had to join.

BiggerPockets has been a go-to resource for me.

You can take advantage of all the great resources here to learn more.

Assets identified in this study include:Permanent Fixtures: windows, doors, bathroom fixturesStructural Components: Roof construction, drywall, wood framingBuilding systems: water heater, electrical distribution, HVAC, plumbingInterior Construction: Wood flooring, stairs, ceramic tileThis engineering-based cost segregation study included the following methodology:Physical Inspection through a site visitDocumentation review including architectural plans, accounting records and construction documentsA cost analysis which utilizes engineering principles in order to allocate costs to their applicable asset classificationsCalculation of the depreciation schedule using MACRSAs a reminder, bonus depreciation started to phase out in 2023.

Here's how you should allocate your time (and in this order)1. 99% of time developing your business plan/idea2. 1% of time thinking about the LLCMany people get caught up on the purpose/use of an LLC and don't spend enough time thinking about how to make money. 

(Originally from CT/UCONN grad) Here as a resource!

A helpful tip is to create a budget that allocates money for both savings and guilt-free spending.