All Forum Posts by: Sarah Waterman

You got it wrong my friend

It's not just hype

It's called the net present value of money

$100 today is not the same as $100 in 39 years

if you're not doing this and you qualify you're leaving too much money on the table must be nice to be in that position mr. musk😘

It has been said and I will say it again...

COST SEGREGATION STUDY!!  

A Cost Segregation study is simply a straightforward way of Accelerating Depreciation on ANY commercial or residential rental portfolio.

Yes there are instances where it doesn't make sense and the ROI is not there...

Hi Michael on average we write off up to 40% for clients.

Obviously it depends on your particular tax situation.

LET ME COUNT THE WAYS...

But whatever you do make sure you invest 3% of everything into yourself...

that might mean seminars conferences business coach expensive haircuts personal trainers whatever...

there is a direct positive correlation between self-improvement and financial gains...but you know this already.

ya'll go kick some *** today!!

Yes you have to settle when you sell.

However - The present value of those tax savings far exceeds any re-capture tax payback.

In other words it's worth it...

Hi Jinhee-

This only works for what is spent on the IMPROVEMENTS. 

It doesn’t apply to the PURCHASE of the building. 

It would still have to be segregated to get every advantage.

I'm a partner with a boutique cost segregation firm this is a common misunderstanding.

right on Melissa!!

that's what i do all day every day...

ps look at the beautiful trees!!  

lol not seeing any here in dallas...

Hi Amy - this should help.

re:Real Estate Knowledgeable CPA Referrals

I have 2 in Dallas that I highly recommend. I work with a boutique cost segregation firm. When we have completed our clients studies, here are two competent CPA's we refer to specifically because they are well-versed in working with real estate clients and know how to leverage their clients' cost segregation studies.

1- Jessica Green, CPA, Green Tax & Business Advisors, 214-561-0474

https://www.greentaxandbusines... 

2 -Sameer Bahati, CPA, B&W Group, 972-763-2499, 

http://www.bwaccounting.com/

Hope this helps!!