Cost Segregation Inherited Property

[Les Jean-Pierre]

Hi, I just inherited a property. I will do a cost segregation. But, I will also put some money into it to fix it up. Should I do the cost seg first? Or does it matter? I am aware of 100% Bonus Depreciation. Thanks!

[Ned Carey]

tQuote from @Les Jean-Pierre:

Hi, I just inherited a property. I will do a cost segregation. But, I will also put some money into it to fix it up. Should I do the cost seg first? Or does it matter? I am aware of 100% Bonus Depreciation. Thanks!

 Can you use the accelerated depreciation? Do you have passive income it can offset? It is very difficult to use losses on passive income to offset other income.