Assets identified in this study include:Standard windows and doorsInterior ceilings and wallsBasic plumbing and electrical systemsBuilding structural elementsBasic HVAC componentsThis engineering-based cost segregation study included the following methodology:Physical Inspection through a site visitDocumentation review including architectural plans, accounting records and construction documentsA cost analysis which utilizes engineering principles in order to allocate costs to their applicable asset classificationsCalculation of the depreciation schedule using MACRSAs a reminder, bonus depreciation started to phase out in 2023.

I wanted to solicit some background info before reaching out to my accountant and she advised similar to your comments. 

There are dozens of check boxes, some of them matter, and Balance Sheet and capital accounts are now required.

If you have any accounting questions, feel free to reach out!

You want an accountant who can help you strategize and who is responsive when you want to know the consequences of the financial decisions you are making throughout the year.Good luck.

Do you also create a virtual account for those? 

DM me, and I will send you contacts for attorneys, lenders, and accountants they have previously used.

Feel free to reach out with any accounting questions.

Through this journey, I’ve built strong relationships and developed valuable expertise in:Researching micromarkets and identifying comparables, potencial Accurately estimating construction or remodeling costs.Securing fast and reliable financing through partnerships with two top hard money lenders in Texas, offering competitive rates.I’m on this platform to connect with capital partners who are seeking an annual ROI of 12%-15%.

When so many renters stopped paying rent during COVID, companies like SureVestor stopped taking new accounts because they were facing a significant number of claimes.I personally don't see it as a good solution.