Julio Gonzalez
Cost Segregation FAQ
Cost segregation studies is an area in which many people have a lot of questions about. I thought it might be helpful to address some of the most frequently asked questions that I receive.
WHAT IS A COST SEGREGATION...
Kevin Kittilsen
Cost segregation/ bonus depreciation year of sale
I recently listed to the podcast on cost segregation study/ bonus depreciation. I had a significant gain on an investment in 2022 that I recently took a payout on. With that said, I will owe a significant amount of ta...
Ryan Knapp
Cost Segregation Companies
Does anyone have any experience with Cost Segregation Authority, Engineered Tax Services or Baker Tilly?
I've gotten some estimates and a study and seeing wildly differing numbers as far as tax savings as well as...
Perrin Hickey
Cost segregation pros/cons on condo?
Hi all! Newbie here….Wondering about the pros/cons for cost segregation. Purchasing our first STR, a 2/2 ski condo for over 400k. We got hammered in taxes last year due to our W2 income, so looking for ways to offs...
Julio Gonzalez
What is Considered a Quality Cost Segregation Study?
As most of you know, as part of the IRA, the IRS was allocated significant funds to hire new employees. With that comes an increased audit risk. One of the things that IRS auditors look for when auditing a cost segreg...
Maura Walsh
I need help with the RE State Test
I just took the NJ REAL ESTATE TEST and it was SO hard, it was NOTHING THAT I STUDIED. I studied for hours and hours each day. I have no idea what I did wrong. Does anyone have any idea how to study for it, how to pre...
Nikash Rajeshbabu
Young Investors seeking advice on investing in the Columbus Ohio market
Hey all, Hope everyone is doing well! My business partner and I are 3rd-year college students (I'm studying electrical and computer engineering at Rutgers and he's studying data analytics at UIUC) and are looking ...
Whitney Griffith
How to find a company for cost segregation study?
Hi, newbie question here.I want to have a cost segregation study done this year on a STR I purchased in Missouri last month. It is currently in service, came fully furnished, and I will renovate in January.I did a sea...
Julio Gonzalez
Example: Cost Segregation Study for Car Wash Facility
If a Cost Segregation Study had not been performed on this $4.4M car wash facility located in Marble Falls, Texas, it would have had first year depreciation of approximately $293,200. Thanks to the Cost Segregatio...
Wiley Hood
Are DIY cost segregations a good idea?
Recently, I've decided to do a cost segregation study on a new $490K property that I purchased this year. I came across a firm (KBKG) that offers a $400 DIY cost study (paying for a membership). I enter the informat...