Hi, I bought my first investment property ( new construction SFM) few months back. I hear that cost segregation study would be beneficial. The property is <400k so not sure if it us beneficial for me. If so, any...
Hey there!!
I have 9 single family homes ranging in price from just 65,000 to 430,000 and I know that most specialists would say not to pay for a cost segregation study as the values of these homes are under a certai...
Hi BP Community, I'm not too familiar with Cost Segregation and was hoping to get a little input from someone who is... I inherited a quadruplex in 2018 and assumed the mortgage which was right around $500k. I had an ...
Hi, we converted our previous primary into LT rental in January 2022. It’s been rented since. Purchased in 2018 at $325k, it is now valued at roughly $410k. Is it too late to get a cost seg and take bonus depreciation...
Hello everyone!My name is Tyler Jaros and I am a senior at the University of St. Thomas in St. Paul, Minnesota. I am studying Accounting and plan on going into public accounting after graduation. Over the past few m...
Per property how much are people currently paying per property for cost seg? I heard its 5-10k per property.
I purchased and put in service a STR condo this year (2023). Purchase price was ~$200k. It is self-managed. It is a condo, so no land value. I am considering a cost-seg study and looking for recommendations on profess...
Hi all, My kid is on high school now, she say she would like to become like me have few propoerties and collect rent have a simi easy life style, however she doesn't know what major she want to study for becoming a re...
Hello BP family, I have been on BP for a couple of years now and it has helped me tremendously, I love it! My name is Touré Smith, I am a junior at Western Illinois University in Macomb, IL. majoring in Accountancy. A...
It’s extremely important in any business to ensure you are maximizing your tax deductions. Real estate investing comes with A LOT of potential tax deductions and credits to take advantage of. Here are some tips on how...