All Forum Posts by: Malik Javed

@Sean O'Keefe  Well said!

@Josh Madigan
You're likely limited to 40% bonus depreciation.

Here’s why:

* Under the One Big Beautiful Bill Act (OBBBA), to qualify for 100% bonus depreciation in 2025, the property must be acquired and placed in service after Jan 19, 2025.

* You bought your property in Dec 2024, so even though it was placed in service in May 2025, it doesn’t meet the “acquired after” rule.

* That means you fall under the original TCJA phase-down rules, and only 40% bonus depreciation applies in 2025.

The good news is:
- You’re right that 5- to 15-year assets (like furniture, appliances, some landscaping) can qualify.
- Building itself (39-year) doesn’t.

A cost segregation study will help break those out so you can still claim 40% bonus where eligible.

If you need help running the numbers or planning a cost seg study, feel free to reach out to me directly.

@Varun Chawla  We're nationwide firm and our headquarters is in Northern California. I definitely recommend that you seek out a Certified Cost Segregation Professional so that you are confident in the quality of the work performed and the deliverables produced. Here are some key criteria for evaluating a Cost Segregation provider:

- Seek out a Certified Cost Segregation Professional

- Consider their experience with tangible property regulations. Will they be prepared to address retirements and disposition? Repairs vs. capital expenditures.

- Find out how long the provider has been doing cost segregation studies and how many they have performed

- Consider the resources available to the provider. Are they a nationwide firm? Do they have the necessary resources to stay on top of all the tax issues such as 1031 exchanges, 754 Step-Ups, etc.

Feel free to send me a private message if you have any questions here.

@Connor Chanter  We're a nationwide firm.  Happy to assist you here - feel free to DM me.

@Dylan Brown  Well said!  

Some companies offer DIY cost segregation options, which can be much cheaper than a full blown cost segregation. Just be sure you fully understand the process to avoid any mistakes.

When picking a firm, make sure to go with a reputable one. A great place to start is www.ascsp.org, where you can find certified companies.

If you're choose to hire someone to do the cost seg for you, definitely check out the credentials of the person doing the study. Look for the Certified Cost Segregation Professional (CCSP) designation, which means they’re certified by the American Society of Cost Segregation Professionals. You’d want someone as trustworthy as a CPA for your taxes!

https://www.biggerpockets.com/forums/51/topics/1206189-cost-...

Feel free to reach out if you have any questions.  

@Alexandra Isenhour   We're a nationwide firm with several physical offices throughout the U.S. We have an office in Atlanta and our engineers frequently conduct site visits in Florida. Feel free to DM me!

@Ben S.  Below is my contact info - feel free to DM me!  My firm has been conducting cost segregation studies nationwide since 1999. Happy to help and answer any questions you may have.

Hi @Thelma Bal,  you're in the right place on this forum.  Feel free to reach out if I can provide any insights.  And we are based in SoCal with multiple offices nationwide.  Hope to connect soon!

@Kevin Stearns - Feel free to reach out to me regarding the Cost Segregation studies.  We also have an office in Atlanta.  I can connect you with someone locally if you'd like.  Thank you!