All Forum Posts by: Julio Gonzalez

There are several variables to consider here. If you're holding the property for less than two years, cost seg probably isn't a good route. Have you already obtained a detailed cost/benefit analysis quote for a study? Most cost segregation study companies provide the quote for free. If you need any help or have any questions, feel free to reach out!

Congrats on taking the leap into real estate, Q! You're in the right place to level up fast.

Welcome aboard and best of luck investing! 
-Julio

Welcome to BiggerPockets, Andrew! 

Welcome to BiggerPockets, Kevin! Love your energy and drive! It sounds like you're juggling a lot and still making moves!

-Julio

Glad to have you here, Ryan! Love the transition from automotive to tech and now real estate! 

Keep up the awesome work! 
-Julio

There are a lot of factors to consider when get a cost seg study to determine if the benefits outweigh the costs. For example, are you in an area where land is very valuable leaving you with less to depreciate? What was the purchase price of your property? etc.

Have you obtained any detailed cost/benefit analysis quote? Most cost segregation study companies provide the quote for free. Is it a reputable company and will the documentation provided from the study hold up in an audit? If you need any help or have any questions, feel free to reach out!

@Jennifer Panian Here's a helpful article on REPs to help clarify a few things, including material participation https://www.biggerpockets.com/forums/48/topics/1219412-real-...

@Jeremy Santy If you're open to renting for a period of time, components of the property (like appliances, flooring, fixtures) may be depreciated faster using bonus depreciation. But this will require solid tax planning. Feel free to reach out if you have any questions!

Hi Havan, welcome to the community! There is a great group of members on here to connect with! 

-Julio

Great to have you here, Kevin! Welcome! You’re asking all the right questions. Love the clarity in your plan and market focus!

-Julio