Cost degradation and cpa advice in dallas

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Kelly O'Keefe
Accountant · NC · Member since 2023 · 123 posts · 163 votes
2y

Hi @Ozgur Cebe 

There are a few options for cost segregation based on the property and your goals. These can include inputting your own information and getting a cost seg in 15 min, or having an engineer come to your property and make a more detailed study of your STR.

If you are interested I have a few companies we have worked with in the past. If you message me, I can send you the contact info 

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  • Kelly O'Keefe
    Accountant · NC · Member since 2023 · 123 posts · 163 votes
    2y

    Hi @Ozgur Cebe 

    There are a few options for cost segregation based on the property and your goals. These can include inputting your own information and getting a cost seg in 15 min, or having an engineer come to your property and make a more detailed study of your STR.

    If you are interested I have a few companies we have worked with in the past. If you message me, I can send you the contact info 

    1Reply
  • Fulton Abraham Sanchez
    Accountant · CPA Miami, FL · Member since 2022 · 192 posts · 43 votes
    2y

    @Ozgur Cebe, hi. You've come to the right place. There are over 20+ active CPAs here in Biggerpockets assisting RE investors with their tax planning. Make sure to reach out to one with real estate experience as location is not an issue these days. Preferably contact them by e-mail to set up a consultation call and see who is a better fit for you. 

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  • Julio GonzalezPro Member
    Specialist · West Palm Beach, FL · Member since 2008 · 4k+ posts · 1k+ votes
    2y

    @Ozgur Cebe Here's an article with things to consider when selecting a cost segregation company. Feel free to reach out if you have any questions!

    https://www.biggerpockets.com/forums/51-tax-legal-issues-con...

    561-253-6640
    1Reply
  • Bill HamptonBusiness Member
    Accredited Investment Fiduciary, AIF®, Financial Planner, Tax Strategist, Real Estate Investor · Atlanta, GA · Member since 2012 · 2k+ posts · 978 votes
    2y

    @Ozgur Cebe

    I recommend finding an accountant specializing in real estate taxation. You may want to consider working with your accountant remotely to expand your options.

    I would also recommend looking for a tax strategist willing to work with you throughout the year, not just when preparing your tax return. You want an accountant who can help you strategize and who is responsive when you want to know the tax consequences of the financial decisions you are making throughout the year.

    Good luck.

    404-482-3170
    Hampton Tax and Financial Services LLC4.7106 Reviews
    WebsiteView Page
    0Reply
  • Basit SiddiqiBusiness Member
    Accountant · New York, NY · Member since 2015 · 8k+ posts · 3k+ votes
    2y

    Most cost segregation firms operate nationwide.

    There are two types of cost segregation studies that you can get, both of which are done by engineering firms

    1. Where there is an engineer who stops by the property and provides you a report based on his/her findings.
    2. Where you answer a questionnaire based on your knowledge of the property. A report is generated based on your answers to the questionnaire.

    Best of luck!

    [email protected]917-280-8544
    Basit Siddiqi CPA4.979 Reviews
    View Page
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