There are 20+ CPAs and accountants on this site that specialize in real estate taxation.

You don't know, what you don't know.Bigger Pockets is a great place to find a tax accountant specializing in real estate taxation.

More like a 101 of taxation: you had a reserve of losses -> it helps when you have profits.And a tax geek addendum:I also do not see a direct link to cost segregation benefits here.

If you did finance some of the purchase using a non-recourse loan, then you need to read up on UBTI/UDFI and there are some taxation benefits that the IRA can achieve since it now owes taxes in that scenario.

As a CPA focusing on real estate taxation, I frequently encounter property investors excited about cost segregation studies.

According to the Institute on Taxation and Economic Policy, undocumented immigrants contribute over $11 billion annually in state and local taxes alone.

However, other factors will matter, and the rates of taxation are different for different components of this Step 3 result.

For example, California has an $800 minimum franchise tax, while other states have lower fees or no franchise tax at all.

With a fideicomiso, the gross income is taxed through a withholding tax whereas, with the corporation, the rate, you can deduct expenses but the taxation rate is higher.

The question is will you benefit.If you already paid for the study, you might as well apply it to to the return.The next question is whether your accountant is properly applying it.You may want to consider working with a CPA who specializes in real estate taxation.