I am self-filing my taxes through TurboTax (extension in Texas due to ice storm) yet I can't seem to locate where or how I would apply the cost segregation numbers to maximize the tax advantages.  

Don't forget the other expenses of being a homeowner over renting: property taxes, insurance, water/sewer, repairs/maintenance.

Thanks If dad wants to take it out, it would be taxed. you can convert it to Roth but it does not make sense as you will pay taxes on the conversion. 

I have constantly under estimated the cost of escrowed taxes, insurance and the such.

Some major pending (and potentially retroactive) tax law changes made it through the house. 

Getting the COC% to meet that pref has become increasingly difficult with interest rates, rising insurance and taxes.

Just curious as to (on average) how much everyone pays for their year end tax filing from a CPA who handles REI's or how much someone should expect to pay for this? 

Those in the asset protection or tax field, what are your thoughts?!

These deals will be more passive and you can still get the tax benefits of owning real estate, plus debt paydown and appreciation.

When you do a cash out refinance you pay no taxes and if you put 75% down your rate is going to be in the mid to high 5% right now.