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Updated almost 6 years ago on . Most recent reply

User Stats

17
Posts
11
Votes
Renjie Song
  • Rental Property Investor
  • Chicago, IL
11
Votes |
17
Posts

Finding tax savings: Tool for simplified cost segregation

Renjie Song
  • Rental Property Investor
  • Chicago, IL
Posted

Hi everyone! 

Have you thought about using cost segregation to maximize your tax savings?

Have you looked into cost segregation services but found out they cost too much? 

I am in the same boat. To make my life easier, I am planning to build an app to simplify cost segregation for small property owners just like us. It will facilitate the cost segregation process upon purchase, track depreciation, as well as replacement/write offs.

Wanted to gather some feedback and find out the following:

- Would you be interested in using such a tool? Or are you using one already? 

- What are some features you want to see?

- How much would you pay for such a service? 

I plan to roll out a free prototype version of the tool first. Let me know if you'd be interested in helping me test it out, while potentially saving money on your taxes this year!

Renjie

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