By doing so, this unlocks the door for having a cost segregation study performed on your property.

Yes, you need to do a cost segregation study

I have studied long term multifamily the most, so I try to stick with that.

But once I studied them more I learned that the returns can often be more predictable and strong than many other investments.

I have done quite a bit of studying and research over the past year and a half, and I've recently started reaching out to potential cash buyers in the area.

I've been studying real estate investing the last few years and am considering jumping in.

FYI, after I was turned down by a local sub to mentor to be my coach, I dusted off and have been studying Carleton Sheets, No Money Down real estate program, that a family member gave me over a decade ago.

Beyond BP, there is a lot of confusion in the accounting community as well but the same rules have been in existence for quite a while and often were not studied since STRs have never been so popular. 

Independent studies (1, 2) and basic logic show you will make more selling it yourself.

The original author of the Cost Segregation Studies guidelines in 2004 and its recent update in 2022 is the managing partner for my firm.