I have read it is a good idea to have a cost segregation done I have found a few companies but what should I be looking for in a cost seg firm?
There are new ways to treat improvements to properties based on recent tax court decisions. This can be a significant tax benefit for real estate owners. The changes are related to what types of repairs should be expe...
Can anyone recommend a company in or around Birmingham, Alabama that performs cost segregation studies for single-family homes?TIA
Hi All, I am going to start looking for my first fix and flip deal within the next month. I have purchased and manage three rental properties, but have never done a fix and flip before. It seems like the most crucial ...
Hello BP,I have a fourplex in Tucson that I bought a couple years ago now. I’ve been renovating it and am almost done. I asked my CPA about bonus depreciation and doing a Cost Seg study on the property so I could get ...
My accountant told me there are two ways to get a cost segregation study, one being the expensive route where an engineer comes onsite and does it. He said there is another, cheaper option where I basically fill in a ...
Does it make sense to get the cost segregation study done for 1000 sqft for single family homes?
How much does it cost?
Can it be DIY?
recommended only for bigger properties?
I am a Real Estate Professional, but I seem to be having trouble with my CPA understanding how to account for this. 2022 was my first year as a Real Estate Professional. My husband has a W-2 job with a large amount of...
We are thinking of getting a cost seg study for an SFR that's a short term rental. We got an analysis from 2 different companies and savings wise it makes sense. However our CPA won't do it he says he can't stand behi...
Hey Guys!
So I bought a 3 family in Feb. this year for $550k. I just refied and it appraised for $650k (Def. got a deal on it... it was off market!). It is still below market rents, but we are working up the cash flo...