Cost-Segregation Study Recommendation?

[Wiley Underwood]

I have two rental properties that my CPA thinks a cost segregation would be ideal for. Does anyone have a recommendation for a cost-seg firm? This would be my first time, so any one with experience let me know!

[Bernard Reisz]

@Michael Plaks Honored to me mentioned by you, in such esteemed company!

@Wiley Underwood Prior to pulling the trigger on a Cost Seg study, you should evaluate 2 things:

1 - How much net additional deprecation tax deductions a Cost Seg study would provide: Best way to get this is by requesting a free feasibility analysis from a Cost Seg provider. The preliminary analysis can have lots of data, so it's important that the provider thoroughly review it with you to explain what depreciation tax deductions Cost Seg study provides and what depreciation benefit you would get w/o Cost Seg. Michael Plaks has a great post on this topic.

2 - Assess the value of those tax deductions to you: Best way to get that is by working with a real estate tax expert. Second best way is to review Michael Plaks' post on this subject.

If all else fails, 😀 ReSure's got extensive resources on all these subjects in our educational platform (which actually includes some plagiarizing from Michael!😉)