Depreciation Guy

Cost Seg 101: Cost Segregation is a strategic tax tool that lets property owners accelerate depreciation on certain parts of their building—unlocking major tax savings and improving cash flow. What it does: Breaks down your property into components (like cabinetry, lighting, flooring, land improvements) that can be depreciated faster than the standard 27.5/39 years. Why it matters: Instead of waiting decades to recover costs, you shift those deductions into the early years of ownership. Typical results: 20–40% of a building’s cost can often be reclassified into 5-, 7-, or 15-year property. Who qualifies: Owners of income producing properties - commercial, residential, and industrial. Bottom line: More upfront tax deductions = more money to reinvest into your practice or portfolio.

Doing cost seg on hotels is a great option for owners Especially if they have kitchenettes You end up grabbing a lot of short life property and typically there is a decent amount of parking and land improvements

@chr1sthomp Pretty dope stuff bro

Took a twitter hiatus to build some stuff.

More fun adventures for cost seg Ended up flying into a high end resort Grabbed some breakfast Did a walkthrough on a new retail store up there in the mountains Interviewed the project manager to understand the full scope Hit the resort spa after Finished up with some business talk over lunch and then flew back Currently engineering these projects to hopefully save the clients about 8 figs off their taxable income

This is a first for me Cost seg on an opera house Not much here But the property it is on is insane

Does anyone who is a dawggggg wanna do sales for me?? Looking for a shark. Hungry. Standard AE pay with your own territory and support from me. Can be remote where you are. Hit my line por favor if you got it.

One of my clients uses a tax group right next to my office And I didn’t realize they were there until today when I was looking them up So I swung by on my way in Introduced myself and mentioned that I was working with a mutual client I set up to a time with the firm to present about cost seg and gain more connections Life really is that easy when you are hungry

@frontfundllc Not as bad as California

@depreciationguy is there a mansion tax in that area?

Guy just called in a 7.2M mansion in Park City Needs to offset some taxes he said The county in Park City sucks and always tried to bone owners with absurd land values Normally when I see something like this, I automatically assume at least 60% of that price will be eaten up by land The good part is that the value of the land he purchased was only 1.6M Puts him at 22% land value. Not bad at all Time to grab a deer valley lift ticket, rip some mtb runs, and do a site visit

This place runs a laundry operation in the basement that is insane They clean their own laundry plus laundry from other properties In a place like this, you get accelerated depreciation on Electrical Appliances Special plumbing And tons of other stuff There is literally a machine that blows air to fold the laundry I thought this might be a newer tech, but they’ve been on auto pilot folding laundry for years

One of our clients put 5M worth of cattle into service last year on their depreciation schedule Yikes That’s a fat tax benefit

@Bthechad Just expanding their roads and opening up more access to traffic. They already completed the full development years ago

@depreciationguy What are they developing?

Successful day doing cost seg site visits on some properties in two different states and more to come for these guys I got to meet some of the team that I hadn’t met before and these guys are sharp A lot of the day was spent meeting with the city and leveraging the land they own to get what they want These dudes are running a crazy operation

@alan_stalcup So true. Virtual stuff will die out as people start to realize they crave more and more in person interaction

@depreciationguy Nothing beats being on the ground (instead of zoom)

Some days we are flying around looking at properties Other days we are in a back room dialing numbers and expanding the network Never forget the basics That is how you grow

@Owen0to1 This is so tough bro 😤

The beauty of a blue-collar business is that growth is tangible. I sell more jobs and see it in the yard with more equipment, more trailers, and more trucks. Watching the direct feedback loop of hard work turning into physical assets is electric.

@paul__usa Very unrealistic lol

@depreciationguy Good luck going back to commercial haha

These guys own a roadside hotel and truck stop facility/gas station And had a canopy that was attached to the main building and hung low enough to hit the top of trucks when they drove in How do you plan that bad… Turns out they completely removed it, added 6 new pumps, and ran some new tank lines Time to bonus the hell out of those

@prestondfonseca Dude you already know!

@depreciationguy Go get some Strava KOMs!

This dude bought 6.1M of real estate between two properties In the span of just a couple of months Absolute legend I just got off the phone with him and he said he’s going to let us stay on site at one of the properties as we conduct the study Time to load up the mtn bike and gear up for a good weekend

@prestondfonseca LFG bro. This is good progress

Footings are in Full steam ahead