Hey all, just about to close on our first property at just over $100k, talking to the CPA who we have used in the past he said he doesn't recommend doing a cost segregation because it would cost us about $3k for him t...

Does anyone have an excel sheet that you use for "cost segregation"?

Hi all, would appreciate some thoughts on whether to do cost segregation studies on both STR properties I have acquired in the past two years or just one? Some details - RE pro tax status- cost seg study of one house ...

Can anyone confirm if I am correct in my thinking?  We finished rehab of a 4 unit property and put it into service in 1/2017.  I would like to separate depreciation for the following items that were part of our rehab ...

I have a 2 bed 2bath flip that has a study in between the two bedrooms. It has a closet and a smoke detector already there. My question is what would you guys do with these french doors? Keep the look and get new non-...

Hello, this is my first time on BiggerPockets. I am in the process of getting my real estate license online on Real Estate Express. Does anyone who is older than me with more experience have any tips for passing the u...

I used a CPA for the first time and just got my bill $1200. I am a W2 and have LLC with 2 properties that I've kept good records for. My return was only for $1,200...

When filing our 2022 taxes, our CPA did not mention or encourage us to do a cost segregation study to capture bonus depreciation on the two properties my wife and I acquired in 2022. Our goal is to invest aggressively...

Hello, I am currently in the process of building an ADU for my parents. They may not move in for a year or two, and so I am wondering if it makes sense for me to live in the ADU, and list the primary home on Airbnb? M...

If a Cost Segregation Study had not been performed on this $2,000,000 Retail Convenience Store Property located in Fort Valley, Georgia that was purchased in 2020, it would have had first year depreciation of appr...