Focus on networking, studying the market, and analyzing deals often to find the best opportunities.

Imagine you bought a property for $2M.The land (excluding any structures) is valued at $400K.Since land is not depreciable in the eyes of the IRS, we subtract the land value from your purchase price to get your depreciable basis.Your depreciable basis is simply where a cost seg engineer starts from when allocating your eligible assets into either 5, 7, or 15 year property.In the scenario above, your starting basis would be $1.6M since your basis = your purchase price - the land value.Having an accurate land value is essential to getting your depreciation/bonus depreciation calculations right.This is the starting point for any cost seg study that you do.

IE I suggest folks study now to filter / buy top leads for your deal type. 

Hey guys , I am studying strategies on creative financing and how I can raise the capital for a down payment on my first rental property.

Pick up as many as you can and study their rates vs. their occupancy rate.

Yes you can do a cost segregation study in 2025 still.

They presented a juicy case study to illustrate the benefit of depreciation recapture shifting from cost-segregated personal property to real property.

Study the market.

For now I will continue to study and save money to have more down payment for when it will be time to buy.

The experience led me to study law/court procedures, and understand what lawyers actually do.