Most people outside the profession don’t understand the time and capital it takes to make a project come to fruition.Before a single piece of equipment touches the ground, there are years of government meetings, environmental and site assessments, engineering studies, etc.Each step requires significant time, effort, and capital investment.But when done right, it creates a ton of value and transforms communities, which is why I love it.

Is it possible to do a cost segregation study this year (2024) and retroactively take 100% bonus depreciation from that cost seg since the property was placed into service in 2022? 

But when it comes to conducting Cost-Segregation studies to “accelerate” the depreciation of a property, can I still “carry over” additional entitlement from, for example, my first tax-year into the following years even if I am not meeting the REPS criteria through STR’s? 

Happy to help, I'm here to assist the community so always feel free to PM me if you have questions too.

@Justin Windham is a great person to speak with that has assisted many of our clients. 

They will even provide a proforma and will assist with deal analysis.

Apparently, the rising cost of assisting voucher holders has stretched the HCHA's budget thin.

Learning from Others: The Value of Case Studies and Success StoriesOne of the biggest advantages of having resources is that you get to learn from those who’ve already walked the path.

Thanks for your assistance in advance.

However, it's important to recognize that some income is better than none, particularly in today's challenging rental market where securing tenants can be difficult.Additionally, if you require assistance managing your property, I am affiliated with a property management company specializing in comprehensive services for long-term rentals.