Julio Gonzalez
Cost Segregation Study on SFH in Miami
Without a Cost Segregation Study, this $595,685 Single Home in Miami, Florida purchased in 2020 would have generated first-year depreciation of approximately $22,000. By applying a Cost Segregation Study, the prop...
Kyle Mack
Borrowing more than purchase price
Hey guys!
Quick question. If i am going to buy a flip house for 150k and my estimated remodel cost is at 30-35k are there certain types of loans to where i can finance the extra 30-35k on top of the purchase price o...
Julio Gonzalez
Cost Segregation Study on Auto Repair Shop
A cost segregation study was performed on this auto repair shop in Nevada with a depreciable cost basis of $1,250,000. The property is 2 stories and 15,000 square feet and was constructed in 2005. The repair shop incl...
Derrek Anderson
Section 8 Property Manager's In Macon, GA
I currently have a rental house in Macon, GA and I am in need of a new property manager who has experience with Section 8 tenants. Do any of you guys have a compnay or person in mind that you can direct me to? Any h...
Julio Gonzalez
Cost Segregation Example on Restaurant
If a Cost Segregation Study had not been performed on this restaurant located in Boiling Springs, South Carolina that was purchased in 2020 for $970,000, it would have had first year depreciation of approximately $2...
Dominick Speranzo
Benefits of opportunity zones?
Have the chance to buy a property in a opportunity zone from a family member but don’t know the benefits.
Cam Jimmy
BRRRR Tax question - Stepping up basis
When you complete a BRRRR, can you elect to have all of your expenses of the renovations be added to the basis of the house?For example - you buy a house for $100,000, and put $50,000 into it (Including repairs, maint...
Keith Goodwine
Junkyard property in metro area
I got a unique lead today for a junkyard property in a metro area. I am a wholesaler, and the seller responded to a postcard mailer I sent out. The seller insists the value of the property is in the zoning, as the m...
Julio Gonzalez
Example: Cost Segregation Study for Car Wash Facility
If a Cost Segregation Study had not been performed on this $4.4M car wash facility located in Marble Falls, Texas, it would have had first year depreciation of approximately $293,200. Thanks to the Cost Segregatio...
Kyle Scholnick
Depreciation still possible?
I am looking to buy a rental property turnkey. I understand some tax benefits should be money I used on maintenance and the mortgage, but the biggest one depreciation seems to be out of reach.Do most people still use ...