3 Reasons to NOT do a cost segregation + bonus depreciation #realestateinvesting
Summary
AI-generatedCost segregation and bonus depreciation are powerful tax strategies for real estate investors, but they come with significant risks if not managed correctly. This video outlines three critical reasons to hesitate: the risk of losses being locked behind passive activity limitations, the necessity of having high enough income to benefit, and the potential for high-tax depreciation recapture upon sale.
Key insights
Moving real estate property (27.5 or 39-year life) into personal property (5, 7, or 15-year life) via cost segregation results in depreciation recapture at ordinary income tax rates when the property is sold.
Mistakes to avoid
Performing a cost segregation on a property you plan to sell quickly without using a 1031 exchange; this triggers high ordinary income tax on the recaptured depreciation.
Tools & resources
IRS (Internal Revenue Service)website
The governing body providing the rules for passive activity and material participation criteria.
Curated by Learn STR by GoStudioM · Summary & key insights generated by AI · Reviewed by editorial