& different parts of the asset can be depreciated on different schedules.To find out the useful lifespan of each component, you do a cost segregation study to analyze all of the parts.The raw land can't be depreciated so you start by giving that a value first.But other items can be depreciated on a quicker timeline.A roof, road, sidewalk, fencing, walls, gates, doors, latches, flooring, air conditioners, pavers, curbing, landscaping, etc.The IRS has a depreciation schedule for each type.Some parts are 5 yrs.

But again, read the offering documents carefully as you study the investment opportunities, don’t rely on the marketplace or any random (perhaps uneducated customers google reviews) to do your diligence for you.

I can prove to you or your lawyer beyond a shadow of a doubt that I have no more affiliation with Bongo Stays or Frank Valencia, we had a partnership which broke down and we were left with a massive bill owed to us just like yourself.

ok thank you . i will study this

That means taking your time to study what you want to do (in this case what type of investing you are most interested in) and speak to those who have done it successfully. 

I received incredible advice on my last post and completed a series of case studies in the SF Bay Area.I wanted to dive deeper into the community's recent experiences about renovation items with stronger ROIs and appeal to end buyers.

Without a written record of this arrangement, is there a way to claim any compensation for those renovation costs, or would that be difficult to prove in court?

The only way is to prove it by documenting.

I’ve been hearing a lot about cost segregation studies and have a few questions…- What are some of the key factors that determine whether a cost segregation study makes sense?

I don't mind that, but the way this is set up is so that the tenants could delay the sale 6-9 months without ever having to prove they are financially capable of buying the property in the first place.