Julio Gonzalez
Cost Segregation Study on SFH in Miami, FL
If a Cost Segregation Study had not been performed on this $595,685 single family home located in Miami, FL, it would have had first year depreciation of approximately $22,000. Thanks to the Cost Segregation Study, ...
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...
Julio Gonzalez
Cost Segregation on Condo
A cost segregation study was performed on this residential condo in Jupiter, FL purchased in 2022 with a depreciable cost basis of $672,870. The condominium is 2 stories and 6,540 square feet with 8 units and was cons...
Julio Gonzalez
Is Cost Segregation Beneficial to Passive Investors?
A question that I am frequently asked is whether or not passive investors are able to benefit from a cost segregation study. The strategy is more often talked about relative to active investors, however with the right...
David Morovitz
Anyone have experience with Wellings Capital?
I have been checking out mobile home park and self storage operators and came across Wellings capital. Apparently they are not the operator but find deals for investors. Any feedback from anyone who has invested with ...
Julio Gonzalez
Should I Get a Cost Segregation Study Before or After Rehabbing?
A cost segregation study should only need to be performed one time for each property and the annual depreciation calculated during the study using the detailed asset listing is relevant for as long as you own the prop...
Chase Gochnauer
Hiring a W-2 to help with "asset management"
Hello all,Over the last few years I've acquired 168 residential units. This is a combination of small SFH/duplex as well as some larger complexes. I also have a 14k SF commercial property I've acquired. Lastly, I'm do...
Julio Gonzalez
Cost Segregation Example on SFH in Fort Worth, TX
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...
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 ...
Account Closed
Eligibility/ Clarification 199A and Self Directed 401k
Me and my partner set up an LLC in CA (taxed as a partnership) in 2019. We are the only individuals in the company and performed over 1000hrs each this year and will continually maintain those hours developing our lar...