Updated about 1 year ago on . Most recent reply
Tax pro fluent in STR cost seg bonus depreciation "loophole" in Phoenix Metro area?
I know it's not technically a loophole but looking for a local specialist with this. Appreciate any help.
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Basit Siddiqi
#3 Tax, SDIRAs & Cost Segregation Contributor
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First have a conversation with an accountant to make sure you are taking the proper steps to treating your property as active instead of passive.
Then, have a conversation to see what steps you can take to accelerate as much losses into year 1(Furnishing the apartment + cost segregation study, etc)
Best of luck.
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Basit Siddiqi CPA
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