Skip to content
Tax, SDIRAs & Cost Segregation

User Stats

35
Posts
11
Votes
Sanjay Sharma
  • Fullerton, CA
11
Votes |
35
Posts

How to split cost seg between partners?

Sanjay Sharma
  • Fullerton, CA
Posted Jan 10 2021, 11:51

I’m adding another forum question to my string of cost seg questions. 

I’m partnering up on a purchase. My spouse meets real estate professional status. The real estate partner does not meet status and will not qualify for the 25k write off due to his family’s income. 

I’m making up numbers.  If I do cost seg and identify 100k rapid depreciation/write offs, how do I split it with the partner. 

Do I take all of it and pay partner his portion off my tax savings? Do I create an entity/LLC where the tax savings goes back to the LLC?

what ideas do folks have?


@amandahan

Loading replies...