All Forum Posts by: Ari Lasky

@John Blanton it really depends on what you plan on doing with the extra cash. If you use the money to buy more investment property, then yes great idea to do cost segregation. If the money will just sit in the bank, then no real benefit.

Happy to discuss more.

@Jeff Williams to the point made below, you cannot take bonus depreciation on the building. However with a cost segregation study, you can carve out the assets within the building that are eligible for bonus depreciation.

You do have to consider that there are some limitations on the use of passive losses.

Happy to discuss more if you want.

@Tyler Baldwin couldn’t agree more

@Aldo Balatti I sent you a PM

@Remington Lyman does anyone know if a cost segregation study was successful in mitigating this real estate tax issue? By reallocating a portion of the purchase price to personal property/land improvements?

@Michael Albaum

@Yonah Weiss is the only resource you need for all things cost segregation.

@Brody Tarter section 179 and “bonus” depreciation are two separate items.

There are limitations on section 179 while bonus depreciation, under the new tax code, don’t have a lot of those limitations.

You would have to be more specific on what you are trying to accomplish and on what assets. Did you put on a new roof? New HVAC system?

@Reid Isaki You are correct. We would always rather write off our expenses than capitalize and depreciate them. However the IRS is not too keen on letting that happen. Any major renovations must be capitalized and depreciated.

Have you considered utilizing a 1031 Exchange to avoid the recapture at sale? @Michael Skoczylas can assist you in that.

@Michael Skoczylas Thanks for the mention.

@Laurence Obi I would be happy to walk you through how to maximize your depreciation expense to offset your income. 

@Yonah Weiss

good points as always! :-)