Julio Gonzalez
Cost Segregation Study on Small Residential Condo
A cost segregation study was performed on this residential condo in Herndon, VA purchased in 2017 with a depreciable cost basis of $151,518. The condominium is 1 story and 1,333 square feet and was constructed in 2016...
Justin Stanford
Incentives for your core four?
Hi everyone!Thanks for letting me in your community, I’m a prospective REI in the Columbia SC area. I want to BRRRR/Flip to start and then get into buy and hold or STR once my capital builds.I’m building my core four ...
Shawn Pottschmidt
Bonus depreciation items
I’m sure it’s listed somewhere on the Internet, but I’m honestly too lazy to go and do all that digging. Does anyone have a decent guide or list of items and services that can be included as bonus depreciation on a re...
Julio Gonzalez
Cost Segregation on Residential Property
A question I get asked frequently is if it’s beneficial to do a cost segregation study on a single family home. As long as the property is an investment property, not a personal residence, the answer is yes! Determi...
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...
Ken Press
Where does Bonus Depreciation tax benefit fit into deal valuation?
I'm reading through "Real Estate by the Numbers" -- awesome book! As I'm modeling out my second STR, I look forward to taking advantage of 80% Bonus Depreciation for tax year 2023, and claim that against W2 income.So ...
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...
Julio Gonzalez
Cost Segregation Study on Single Family Home
A cost segregation study was performed on this single family home in West Palm Beach, FL purchased in 2023 with a depreciable cost basis of $841,850. The home is 2 stories and 2,806 square feet and was constructed in ...
Julio Gonzalez
Tax Planning Considerations with the New Bonus Depreciation
As I’m sure many of you are aware of, bonus depreciation began its phase-out this year. Bonus depreciation has been a key element in the tax planning strategies for many businesses which allowed for a large portion of...
Amy R.
selling off bonus FAR- Floor Area Ratio?
Hello Investors who are smarter than I am! Good morning,I am hoping someone can help me understand what it means to sell off bonus Floor Area Ratio? I am much more familiar with thinking about zoning... Looking at a...