Cost Segregation Study Needed

[Teresa Villaruz]

I’m looking for a Cost Seg Engineer. Any recommendations on companies and what was your experience with them? 

[Lee Ripma]

I use DIY cost seg for all my cost seg studies, even the larger props. 1275 will get you a discount. Worth checking out of an engineered study. 

[Bonnie Griffin Kaake]

@Teresa Villaruz If you are purchasing or have purchased a property that you paid $250K or more for, you are better off using a company that has experience with engineering-based studies. An engineering-based study is the IRS' preferred methodology. It requires someone experienced in construction, engineering and this specialized area of tax law. A quality study also requires an on-site visit with photos inside and outside to substantiate the items being accelerated. The sweetness of low cost goes away quickly when the IRS comes knocking. Some companies provide no-cost audit defense, others offer it for a short period of time, some charge extra for it, and still others do not provide it at all. Choose carefully. 

[Basit Siddiqi]

I have recommendations for about 4 different cost segregation companies.

I normally recommend the DIY costs segregation report if the property is residential and below a certain price point.
They normally start at $550

There are other cost segregation reports where engineers will provide you a report once they inspect your property.
They normally start at $2,500

Best of luck

[Julio Gonzalez]

@Teresa Villaruz Here are some questions to ask when selecting a cost segregation company!

https://www.biggerpockets.com/...