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Updated about 24 hours ago on . Most recent reply presented by

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Kolin Goff
  • St. Louis, MO
12
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Cost Segregation Recommendations

Kolin Goff
  • St. Louis, MO
Posted

Does anyone have any firms they would recommend for cost segregation on my STR? Property is in St Louis, MO but I understand there may be remote options as well.

Father-in-law has recommended CostSegAuthority.com but open to shopping this around. 

Thank you! 

  • Kolin Goff
  • Most Popular Reply

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    Michael Plaks
    #1 Tax, SDIRAs & Cost Segregation Contributor
    • Tax Accountant / Enrolled Agent
    • Houston, TX
    6,156
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    Michael Plaks
    #1 Tax, SDIRAs & Cost Segregation Contributor
    • Tax Accountant / Enrolled Agent
    • Houston, TX
    Replied
    Quote from @Ned Carey:

    I have no recommendation but do you qualify to use the additional depreciation against ordinary income? Do you meet the strict requirements of a "real Estate professional" 


    One does not need to qualify as a real estate professional to benefit from cost segregation on STRs, but there are other required qualifications:
    https://www.biggerpockets.com/forums/51/topics/1075919-five-...

  • Michael Plaks
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