The study identifies with forensic engineering detail the immediate Bonus Depreciation 5, 7 and 15-year personal property class lives qualifying portions of a building that are normally buried in 27.5 year residential or 39 year commercial categories.Here’s an example of the reclassifications of this warehouse building thanks to a cost segregation study:As a reminder, bonus depreciation started to phase out in 2023.

Are you currently doing any deals, or still in the research phase? 

My go to will always be Quickbooks Desktop.A lot of people think that this was phased out completely, but Intuit is still continuing some models of the quickbooks desktop.You can properly code all the transactions quicklyYou can properly upload bank / credit card transactions to QuickbooksAllows free use of the class functionallows you to generate a balance sheet which is not an option within Stessa.Best of luck.

You can think of costs in two phases… Pre-construction and Construction:Pre-construction costs: $10-15K-Design: if using a stock plan, the design work costs about $5K.

Remember the biggest part of the life cycle for any asset is the holding phase.

I agree AI now is only entering Netscape phase with still so much potential.

Might just be their teen phase.

You should have completed a Phase 1 and possibly even a Phase 2 before you purchased the property.

I am in the pay off all debts (to increase my debt to income ratio) phase while also trying to save up money to start. 

And Ram is focused on the equity growth; from mortgage paydown via tenant paid, from appreciation AND forced appreciation because Ram has a GRREAT advisor who get's him into Phase-I development's in the hottest, growing markets, in short "getting in early" and enjoying the equity ride up.