Hello all, I was considering a cost seg but my CPA is telling me that is it not worth it given the cost of my property. This seems out of line with what I see on social media so I was hoping to get some other folks th...

In my previous post, I talked about the different property classifications to help separate real property from personal property. Identifying your personal property helps you determine the portion of your building tha...

I have started reading about doing a cost seg analysis but am not 100% sure if I should do one or not. I just bought a new-build townhouse in Nov 2024 that included a washer, dryer, fridge, microwave, HVAC, etc. for $...

The IRS previously viewed buildings as a single unit of property (UOP). However, the new regulations under IRS Code 1.168(i)-8 allow you as the property owner to utilize a cost segregation study to dispose of smaller ...

Have you ever found yourself having to pay into the IRS for income taxes on your real estate properties? Before sending in the check, be sure to take a look into an engineered cost segregation study to see if you coul...

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...

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...

A cost segregation study was performed on this single family home in Fort Worth, TX purchased in 2023 with a depreciable cost basis of $272,633. The home is 1,841 square feet and was constructed in 2009.
The use of t...

I'm currently in a single family house hack I am about to move out of. Can I do a cost segregation on a property I didn't purchase as an investment property but plan to use that way? Does it make sense to run a cost s...

We're updating the fencing, replacing a dated leaky porch entry, taking out a dead tree this year (2023). Can we business expense all of these projects in the same year. Or do these larger upgrades/updates need to be ...