What is cost segregation and why are so many people talking about it?
Cost segregation is a method used to accelerate your deductions on the property that you purchase. It is commonly used in residential rentals and commercial real estate. The investor can allocate the cost of the property purchased in a way that allows for more tax deductions in earlier years of ownership.
It is definitely worth asking about and researching.
If you have more questions about this, feel free to reach out to our firm for an advisory meeting.
Have a great day.
