DIY Cost segregation options for a 12 unit apartment

[Prasad J.]

Im looking for a DIY cost segregation option for a small 12 unit apartment. The size doesnt justify going with a manual cost seg study with a vendor like ETS or so which would cost us over 5k. I came across this software that seems to do it for just $650.  It's called Cost seg EZ. Any body have experience using it or any other diy cost seg software?  https://costsegez.com/ 

kbkg doesnt provide software reports for anything more than 6 units.   Any other cost seg software recommendations which doesnt cost thousands of dollars and provide audit guarantees? 

[Jeff Nash]

Most of the specialty cost seg providers will do an upfront analysis and give you a range of the potential deduction and take into account your federal and state tax bracket to determine the tax benefit.  

Is the $5k cost an actual quote you received or just an assumption?  I am not sure about your situation (REPs, tax bracket, age or holding period of the property) but I look at the cost benefit just like an NPV analysis. If you have to pay $5k but will actually save $7k you take that option.  

To answer your question, I am not familiar with that DIY company but know of another one that a peer uses that might be lower for a property of your type.  I am not personally a proponent as I think there are a number of potential issues and limitations of DIY, but you can make your own determination.