All Forum Posts by: Matt T.

@Mike H. Great job on the new construction cabins. I am guessing you are a Real estate professional and can do cost seg to take a bunch of losses for the new construction cabins that you intend to keep long term as rentals? I know that conventional wisdom says that you should never invest for depreciation but that has to factor in I would imagine? If you have 80 some rentals already that you bought years ago, I am guessing that the depreciation deductions are running a lot lower now for those units and you're probably paying higher taxes. . . Now all of a sudden you have these new cabin units and you can significantly reduce your tax bill at least in the near term by splitting out the components. I know you have to eventually pay recapture, yadda, yadda but it still seems like a huge win given the time value of money. Am I wrong?   

That is great info! I know that this was applied to LVP but will vinegar affect carpet?