Hey Anna, Yeah I would definitely recommend studying and gaining experience for a couple years before diving in that deep.

Six months: Study markets.

Second, many of the strategies are particular to my situation, like a cost segregation study.

Certainly appliances and fixtures and as far as I understand, other improvements. 7) Regarding a cost segregation study, given my property purchase of 2021 and in-service date of 2022, am I correct in thinking I could still have a study done and use 100% bonus depreciation for 2022?

How do I prove that I am able to qualify for another one?

As a specialized real estate CPA, I'm here to provide expert guidance on your most complex tax matters, from navigating 1031 exchanges and cost segregation studies to optimizing your rental property deductions and handling multi-entity structures.

Study investment homes.

Spent the past 4yrs reading, studying and listening to podcast on realestate investing.

Have the deed to prove ownership.

Yes, you can do a cost segregation study in a year after the property is placed into service.However, you will need to file a form 3115 which basically says you screwed up the depreciation in the past and as a result recalculating the depreciation.