Cost Segregation Options

[Prashant Bagri]

Hi - I wanted to do a cost segregation study on my property -  what is be best and cheapest option to do one?  Is there an online DIY place I can do it?

Thanks

[Julio Gonzalez]

@Prashant Bagri 

While it may seem like a simple concept, it's actually a very complex process that requires significant documentation as well as specific methodologies. If the proper reports and documentation are not completed, you run the risk of failing an IRS audit and the cost segregation not being honored. Here's a link to the IRS website noting specific items that are included in the cost segregation study report. Most cost segregation companies offer a free cost/benefit analysis quote for your property.