The estimated tax savings that these cost segregation companies provide are normally invalid as they don't know your whole picture.For example, the tax savings of $68,000 is laughable.Your income of about $100,000 is likely going to be taxed somewhere in the 22% tax bracket(Unsure of your tax filing status).Which would mean, even if you can take 100% of the losses, that your savings would be around $22,000.There are two different types of cost segregation studies - Studies where Engineers are stopping by the property and creating a report for you - Starts at $2,500Studies based on completing a questionnaire - Starts at $450I normally recommend one study over another in certain situations.best of luck.

//RE agents generally in IL for example they just write the basic contract send to attorney and DUCK..

How do I avoid a situation where someone who agreed to work as an independent contractor (for example, on a 1099 basis), works 3 times per week for a month, later claims employee status?

For example, how will a lender know it was unpermitted?  

For example, BSX faced 17% drawdown yesterday on earnings guidance.

We see so many different entity structures for rental portfolios in our REI Bookkeeping Firm.

For example, if you buy a water heater with a longer warranty they are more expensive or if you need to replace the expansion tank etc along with it. $2500 is OUTRAGEOUS, in my opinion. 

For example, are you an experienced operator offering a master lease with a purchase option to the owner to relieve them daily headaches?   

I see you're local!

It is all about adding value and improving cash-on-cash returns.It is also worth checking market trends to see the year-over-year growth rate and run a pro forma to project how much appreciation and rental income increases you might see over time.Your savings and financial discipline put you in a great spot, and I would just encourage you to explore how you can make your money work harder for you instead of locking it all into one property.