Barbie's Dream Airbnb... A Cost Segregation Adventure!!!
Once upon a time, Barbie, known for her glamorous lifestyle and endless adventures, decided to build her dream Airbnb. Being a savvy businesswoman, Barbie was aware of the benefits of cost segregation and wanted to ensure she optimized her tax savings while creating her dream Airbnb.
Barbie commissioned the experienced Cost Seg America team to conduct a cost segregation study on her dream Airbnb project. The experts carefully analyzed the construction and all the components of the property, from the foundation to the roof, and everything in between.
During the cost segregation study, the team identified various assets within the project that could be classified separately for tax purposes. The Cost Seg America team recognized that.....
Critical Mistake #2 When Choosing A Cost Segregation Provider
Choosing a Cost Segregation provider based on the PRICE of the study... It may sound like a smart business decision to shop by PRICE but, UNFORTUNATELY, you get what you pay for when it comes to lower priced cost segregation studies. Cost segregation studies that are priced around $3,500 - $4,200 (Tier 4 study) are low-level cost segregation studies, and they provide an average study giving YOU average write-off’s. Beware of these studies!!! The IRS tend to scrutinize these studies more in the event of an audit.
Since 2002, our company has provided a Tier 1 study, the highest and most thorough study approved by the IRS, to fully maximize your benefits. Our study offers the highest level of audit protection because we itemize each and every component of the property.
Meet Our Team - Kathy Dougherty,CSA Representative
Kathy has been part of the Cost Seg America team for 4 years. She says, "I am the Cash Flow Queen!" I enjoy educating commercial real investors and helping them put money back in their pockets.
Kathy also takes great pride in our Tier 1 "Fully Engineered and Accounted" study and knows that her clients are not missing out on any tax benefits. Methodology matters and she won't let her clients settle for less!
Kathy has been part of the Cost Seg America team for 4 years. She says, "I am the Cash Flow Queen!" I enjoy educating commercial real investors and helping them put money back in their pockets.
Kathy also takes great pride in our Tier 1 "Fully Engineered and Accounted" study and knows that her clients are not missing out on any tax benefits. Methodology matters and she won't let her clients settle for less!
"The information contained this newsletter is meant for guidance purposes only and does not in any way constitute legal or tax advice. Readers should seek advice from their CPA or Accountant in relation to information contained in these articles."