Cost segregation is a commonly used strategic tax planning tool that allows companies and individuals who have constructed, purchased, expanded or remodeled any kind of real estate to increase cash flow by accelerating depreciation deductions and deferring federal and state income taxes.When a property is purchased, not only does it include a building structure, but it also includes all of its interior and exterior components.

Anyone have experience with this alternative creative financing vehicle?  The idea is intriguing, but online research has yielded conflicting opinions and "pay to play membership plans; can't get a straight answer whe...

It’s also always a good idea to look for mentors in your local market to accelerate the process.

Switching professions can accelerate growth, especially if your current job supports financial stability.

Purchasing notes at a discount to “capture” the early payoff windfallFor those willing to be more active, engage in study and education, and have the time, wealth building can be accelerated by using techniques such as1.

Productivity in virtually all industries is accelerating over time, leaving construction in the stone ages.

., those are definitely standards you may be held to.Also keep in mind you may pay for a benefit you don't actually accelerate because it gets suspended.

So, your CPA is correct in saying that the insurance proceeds won't be taxable assuming they were used to repair or replace the damaged portion of the property.Cost Segregation Study (CSS): A CSS is a tax planning tool that allows you to accelerate depreciation deductions by identifying and reclassifying certain components of your property as shorter-lived assets.

The increased adoption by companies is telling and is expected to increase over time.Concerns over the continued printing of money, erosion of the dollar and our national debt are all accelerating adoption.I hope this helps anyone that might be interested.

Cleveland is especially interesting because you can find multifamily properties at lower entry prices compared to other markets.Network locally – While connecting online is great, building relationships with local realtors, property managers, and contractors can really accelerate your success.