I have a goal of purchasing a small multifamily this year, so I want to start making the steps to make that happen.

I enjoyed reading about your first year of investing—it’s clear how much you’ve learned.

Once I get better at purchasing and adding to my portfolio, I know I will have the knowledge to be able to survive without needing the benefits of cost segregation.

Today, I used those proceeds to purchase a 5-unit commercial retail building without coming out of pocket at all.

NO, Also the property you purchased is NOT in Bedford or Bedford Hights, 

Although the study may increase the gain, the gain may be taxed at a much lower rate making it a beneficial investment.If a property is purchased with the intention to flip or own for a short period of time (less than 3 years), a cost segregation study may not be significant.Overall, as long as you intend to hold the investment property for greater than a year, the benefits of a cost segregation study should be considered.

In that time, I've purchased two duplexes in Beverly, MA.

Purchase price: $220,000 Cash invested: $30,000Currently house hacking.

Purchase price: $690,000 Cash invested: $172,500 Took a gamble on a larger single family home in an up and coming master planned community.

Purchase price: $25,000 Cash invested: $45,000 Sale price: $70,000 Foreclosure auction.