Cost Segregation
topic on 1 show · 4 statements across 4 episodes
4 statements about Cost Segregation, every show
Morris: Cost segregation allows 100% first-year depreciation on rental amenities
“There is a, you know, there's something called tax segregation where a lot of the amenities are, you can depreciate a hundred percent of the amenities in year one. And if somebody is a large or not even large earner, but if they're, you know, if they're paying…”
Morris: 5- and 15-Year Property Items Qualify for 100% Bonus Depreciation
“The building itself deducts very slowly, and that's over 27 and a half years. The idea is that's how long it would take for the building to wear out. But the parts, appliances, and flooring normally on a five-year depreciation schedule, fencing and landscaping…”
Stepp: Used cost segregation tax depreciation to fund new real estate acquisitions
“I mean, I did cost segregation on all our buildings and that was nice. Nice. Nice amount of change to go buy more real estate.”
David Bailey expects a $1.4M first-year write-off from two acquisitions
“I've already done a preliminary study, and the one building I'm buying for approximately 4.7 million, that one is gonna throw a write-off off of about 800,000 year one. The second building, which I'm doing the reverse, 10 31 tax free exchange, due to the fact …”