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Tax, SDIRAs & Cost Segregation

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Will Bert
  • Brooklyn, NY
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Cost segregation company in NYC area

Will Bert
  • Brooklyn, NY
Posted Apr 29 2022, 08:15

Looking for recommendations for a company that does cost segregation analysis in the NYC metro area... need more information on accelerated depreciation ....

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Taylor L.
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  • Multifamily and Self Storage Investor
  • Richmond, VA
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Taylor L.
Pro Member
  • Multifamily and Self Storage Investor
  • Richmond, VA
Replied Apr 29 2022, 17:24

Madison SPECS is based in NJ, I would be surprised if they didn't do studies in NY.

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Will Bert
  • Brooklyn, NY
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Will Bert
  • Brooklyn, NY
Replied Apr 29 2022, 20:45

They maybe to busy for the little guys lol...I've tried getting in contact I'm going to have to try again 

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Mohammed Rahman
  • Real Estate Broker
  • New York, NY
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Mohammed Rahman
  • Real Estate Broker
  • New York, NY
Replied Apr 30 2022, 08:48

Hey @Will Bert - I was also going to recommend Madison Specs as the founder is pretty active online on YouTube. If you don't have any luck with them, my best recommendation would be to ask your real estate CPA who they would recommend. Most of the time CPAs don't specialize in cost segregation, but work with other firms who do. My $0.02. 

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Will Bert
  • Brooklyn, NY
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Will Bert
  • Brooklyn, NY
Replied Apr 30 2022, 20:52

Yes I sent them an email today so let's see what happens Monday... thanks for the reply 👍🏼 

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Ana Klein
  • Accountant
  • Milwaukee, WI
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Ana Klein
  • Accountant
  • Milwaukee, WI
Replied May 1 2022, 09:46

https://www.kbkg.com/


they ar all busy at this time of the year 

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Yonah Weiss
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  • Cost Segregation Expert and Investor
  • Lakewood, NJ
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Yonah Weiss
Pro Member
  • Cost Segregation Expert and Investor
  • Lakewood, NJ
Replied May 1 2022, 16:11

Thanks for the mention @Taylor L. & @Mohammed Rahman

@Will Bert have no fear, we will respond. It has been a busy time of year. Thanks for the patience. :)

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Will Bert
  • Brooklyn, NY
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Will Bert
  • Brooklyn, NY
Replied May 1 2022, 17:10
Quote from @Ana Klein:

https://www.kbkg.com/


they ar all busy at this time of the year 


 Thanks for the reply & I will be looking into the link you posted

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Will Bert
  • Brooklyn, NY
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Will Bert
  • Brooklyn, NY
Replied May 1 2022, 17:10
Quote from @Yonah Weiss:

@Will Bert have no fear, we will respond. It has been a busy time of year. Thanks for the patience. :)


 Sounds good thanks 

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Basit Siddiqi
Pro Member
  • Accountant
  • New York, NY
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Basit Siddiqi
Pro Member
  • Accountant
  • New York, NY
Replied May 26 2022, 14:09

If the property is on the small end - you may want to consider a DIY cost segregation study.

Best of luck!

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Bonnie Griffin Kaake
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  • Real Estate Consultant
  • Denver, CO
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Bonnie Griffin Kaake
Pro Member
  • Real Estate Consultant
  • Denver, CO
Replied May 27 2022, 12:16
Quote from @Will Bert:

Looking for recommendations for a company that does cost segregation analysis in the NYC metro area... need more information on accelerated depreciation ....

We do cost segregation studies in all 50 states and get you pre-analyses you can count on within 2-3 days at most. CSSI is the largest and oldest cost seg company in the country and do MANY studies in NY. I can get you all the information you need, we teach CPE classes to CPAs. No cost for pre-analyses or information or consulting. You and your CPA decide what is best for your specific tax situation.