A cost segregation study was performed on this single family home in Iowa City, Iowa with a depreciable cost basis of $649,900.

Most cost segregation firms will provide a free cost/benefit analysis quote to help you determine if the tax benefits from the study will outweigh the costs.

However, the depreciation claimed while the property was a rental must be accounted for upon the future sale of the personal residence, which could increase your capital gains tax liability.The adjusted basis of the property (original cost minus depreciation) will be used to calculate gains or losses at the time of sale.

During this renovation period would you, as the lender, want an Actual Cash Value or Full Repair Cost policy in place?

In a previous post, I discussed the difference in each of the most common cost segregation study approaches.

Agree it is difficult to assess costs when they vary so much by location.Keep in mind that some turnovers are sickenly expensive, and that is just the nature of the business. 

The investors with the most units and most experience could just as likely be in flip flops and a Jimmy Buffett shirt as jeans and a polo.

Will a Cost-Seg offset the LTCG on these index funds? 

For a land cost of $150k, how would you think about how much the completed home would need to sell for to make that land cost worth it?

@William J Anderson you want assistance in analyzing T-12s for the purpose of purchasing a property?