Coleman Nelson
Cost Segregation Company Recommendations
Hey everyone. We will be closing on a 42-unit apartment complex with a $2.15M purchase price here in Cincinnati, Ohio within the next month. We are considering having a cost segregation study done to accelerate deprec...
Malik Javed
Cost Segregation - The Basics
What is a Cost Segregation Study & How Does it Work?
Cost Segregation is a commonly used strategic tax planning tool that allows companies and individuals who have constructed, purchased, expanded or remodeled an...
Shawn C.
Self Directed 401k for Apartment Complex
I am a real estate broker. I want to buy an apartment complex with an old 401k by converting it to a self directed and leveraging debt. I understand I cannot draw on the fund and the gains have to be reinvested. ...
Bonnie Griffin Kaake
How Does the Reduction in Bonus Depreciation for 2023 Work?
Start by stopping the panic. Cost segregation was viable before Bonus Depreciation even existed. And, before 100% Bonus was available under the Tax Cuts and Jobs Act (TCJA) in 2017, the bonus had already dropped to 40...
Julio Gonzalez
Example of Cost Segregation Study on Donut Shop
If a Cost Segregation Study had not been performed on this $989,700 donut shop located in Chester,Virginia that was purchased in 2016, it would have had first year depreciation of approximately $25,300. Thanks to th...
Kevin Douglas
731 rapid depreciation?
Is anyone familiar with section 731 and rapid depreciation? A colleague was telling me about it but I can't find much online. Bottom line is i cut the grass at my properties and I want to buy a new mower. Instead of d...
Ruchit Patel
What all I need to close for my sub-to deal in Birmingham AL
Hello,
I'm currently in the process of purchasing a Sub-to deal in Birmingham, AL. As someone experienced in this field, I value your expertise and would greatly appreciate your suggestions and advice regarding Dos a...
Arda Bircan
2023 Short-Term Rental Bonus Depreciation Update
You can still claim 80% bonus depreciation if you are looking to invest in Short-term rental properties this year. In 2024, it will drop down to 60%.To maximize your tax savings you will need to purchase a short-term...
Julio Gonzalez
Dental Office Cost Segregation Study Example
$1,611,023 tax savings in the first year
If a Cost Segregation Study had not been performed on this $$4.2M Dental Office in Laguna Hills, California, it would have had first year depreciation of approximately $...
Julio Gonzalez
Cost Segregation Study on Restaurant in South Carolina
If a Cost Segregation Study had not been performed on this $970,000 restaurant located in Boiling Springs, South Carolina that was purchased in 2021, it would have had first year depreciation of approximately $24,80...