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13 November 2024 | 11 replies
Welcome to the club and would love to connect!
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6 December 2024 | 2 replies
Quote from @Dave Hart: In the weeds on this one.
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7 December 2024 | 1 reply
Quote from @Josh Wells: Hello everyone,Does anyone have any experience in the Victoria Texas area with rental?
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7 December 2024 | 0 replies
Is anyone there at this time of the year who wants to connect?
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6 December 2024 | 4 replies
What's the alternative and what's the question.
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6 December 2024 | 2 replies
@Tanya Maslach What was the asking the price and what was your original offer?
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8 December 2024 | 1 reply
How would you make it grow the quickest?
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6 December 2024 | 1 reply
Converting the basement to a living space to make a duplex.
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13 November 2024 | 10 replies
While the IRS does not mandate a physical site visit, the IRS cost segregation audit technique guide (ATG) does suggest conducting “field inspections.”It’s important to note that the ATG is not an official IRS document.It serves as a guide and cannot be used, cited, or relied upon as an authoritative source.However, the recommendations in the ATG are worth considering.According to the guide: “A field inspection is recommended to document the physical details of the building, type of construction, materials used for construction, the assets contained in the building, the size and types of building systems, and any land improvements that were included in the purchase of the property and the condition of that property at the time of purchase.”So while the IRS does not require a site visit for cost segregation studies, following the guidance from the cost segregation audit technique guide can be beneficial.