ICS was professional, responsive, and easy to work with throughout our cost segregation process – which was focused on a short term rental condo in Tuscaloosa, AL. They answered our questions promptly and delivered the final report on time with clear communication along the way. We appreciated their willingness to discuss technical questions and would certainly recommend them to other real estate investors considering a cost segregation study.
Cost Segregation Combining a cost segregation study with material participation on a short-term rental creates a powerful tax reduction strategy. Rentals with average guest stays of seven days or less are exempt from standard passive loss limitations, allowing these accelerated paper losses to directly offset active income sources. » How Cost Segregation Can Widen the Short-Term Rental Loophole