Self-Storage Acquisition Cost Segregation
I'm currently in escrow on an under-performing self storage property in CA. I heard about using Cost Segregation when purchasing it to maximize on the tax benefits. I'm going to consult with my CPA, but just wondering if anyone has had experience with this? When would I need to have a Cost Segregation Analysis done, during escrow? Or what questions should I ask my CPA? I can't wait to share the details of this deal once it closes. Thoughts and comments are greatly appreciated.
Thanks,
Tim
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Real Estate Agent CA (#01822648)
- Truth Realty & Investments, Inc
- 805-794-9433