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Quynh Ho
InvestorGreat communication throughout! They made the process pretty simple and they followed through appropriately and the cost seg analysis was completed very quickly! Highly recommend!
5 Jun 2024 -
Bought this property September last year.
Did a cost seg study in January
Depreciated $162,000.
Saved $56,000 in taxes this year.
This is the craziest tax strategy. -
Here are the numbers of how cost segregation saved me 💰
Built an asset for $11,500,000
Depreciated $2,231,000 in our first year
Without cost seg, the 1st year depreciation would have been ~$383,333
That means I have a tax shield (aka I can make without paying taxes on)… -
Used @recostseg today. It’s not my first cost seg, but it was definitely the easiest. Kudos @sweatystartup and @baldridgecpa
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Just wrapped up my first cost segregation on a build to rent duplex with @recostseg
Super easy we just did a virtual walk through and I sent them our construction budget
First year payback ratio is 14:1
(tax savings / cost to do the study) -
Thanks RE Cost Seg for saving me lots of money this year (and next..)
Well ran, clean reports, fair prices -
Just got 2 reports from @recostseg 4 more to go, if you have not reached out to there team you are missing out!!!
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Also a big thank you to @recostseg for the big Christmas gift on the tax return last year.
A depreciation deduction nearly equal to our cash contribution! -
Just got the cost segs back @recostseg
10/10 recommend
Paying zero taxes on our real estate profits and partner & I each are receiving a $25k deduction against our W2 earnings. Excess losses carrying forward to 2023 as well.
Not today, Uncle Sam! -
Just did my first virtual inspection with @recostseg this morning. Simple, convenient and unlike the other service I tried that did no such inspection or survey, I’m confident it will actually be accurate.
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did my report this year and it’s a much better process than what I’ve used in the past. Highly recommend
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Solid work by @recostseg !
The power of Twitter 💥 - was impressed with @baldridgecpa on @fortworthchris podcast. Later discovered he and @sweatystartup own this co …gave them a shot. Highly recommend. -
Bought this property September last year.
Did a cost seg study in January
Depreciated $162,000.
Saved $56,000 in taxes this year.
This is the craziest tax strategy.