Brian Bigham, Cost Seg Cowboy

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The IRS is not just looking for errors, they are watching for aggressive depreciation claims.If you overestimate the val...
07/28/2025

The IRS is not just looking for errors, they are watching for aggressive depreciation claims.
If you overestimate the value of certain assets in your cost segregation study, expect extra scrutiny
Stay cautious and make sure to work with a pro to stay audit-proof

Here is a rough estimate for Airbnb write-offs (2024-2025 currently): For every $100K in property basis, expect - $18K i...
07/24/2025

Here is a rough estimate for Airbnb write-offs (2024-2025 currently):
For every $100K in property basis, expect - $18K in depreciation losses in the first year at 60% bonus.
If goes down to $12K January 1 because bonus will be 40% so if you can close by EOY...do it.
Want to see how much you can save? Let's talk cost segregation.

Did you know the chance of being audited is under 2% for most taxpayers?While it is low, it's still crucial to keep your...
07/21/2025

Did you know the chance of being audited is under 2% for most taxpayers?
While it is low, it's still crucial to keep your records organized.
- Work with certified professionals (cost segregation has certifications)
- Maintain clean records/books
- Follow your tax professional's lead

Stay informed and prepared to make the audit process smoother if it every happens.

Earn $600K and pay around $150K in federal taxes?With $2.5M in CRE, you could show a $600K loss in the first year, elimi...
07/17/2025

Earn $600K and pay around $150K in federal taxes?
With $2.5M in CRE, you could show a $600K loss in the first year, eliminating that tax bill.

-Earn income
- Buy real estate
- defer taxes
- reinvest the cash flow
- rinse and repeat

Bought a property in a previous year and did not take advantage of cost segregation?You can still catch up on depreciati...
07/14/2025

Bought a property in a previous year and did not take advantage of cost segregation?
You can still catch up on depreciation
Work with your tax pro to file Form 3115 and switch from straight-line to accelerated depreciation.

TAX TEAMA few key roles to consider when building out a Tax Team: for your Real Estate Firm.- Book keeper- CPA- Cost Seg...
07/10/2025

TAX TEAM

A few key roles to consider when building out a Tax Team: for your Real Estate Firm.
- Book keeper
- CPA
- Cost Seg
- Tax Attorney

All play key roles on the process.
Some are more day-to-day, and other are "big picture", but all play key roles.

A Cost segregation study creates losses via a non-cash expense (called depreciation) that reduces your taxable income.Yo...
07/07/2025

A Cost segregation study creates losses via a non-cash expense (called depreciation) that reduces your taxable income.
Your tax rate tells you the dollar value of the loss.
- 37% rate => $100K loss => $37K savings
- 25% rate => $100K loss => $25K savings

What happens after a cost segregation study?You get a report that breaks out asset values into 5,7,15, and 27.5/39 year ...
07/03/2025

What happens after a cost segregation study?
You get a report that breaks out asset values into 5,7,15, and 27.5/39 year categories.
Your tax pro uses this to create your depreciation schedule and apply losses to your return or distribute them to investors via K-1s.
From there you want to be mindful of additional expenses when making improvements.
Improvement costs can also be segregated and can yield massive tax savings.

Investing Short-term vs. Long-termIf your hold window is short (less than 3 years), cost segregation might not be the be...
06/30/2025

Investing Short-term vs. Long-term

If your hold window is short (less than 3 years), cost segregation might not be the best option.
Keep in mind the recapture tax, which taxes the depreciation you have claimed when you sell.
Some of it will be taxed at your ordinary income rate rather than the lower capital gains rate.
Recapture will never sink a good deal but can absolutely kick you when you are down
I make every effort to talk to clients about this to prevent any surprises.

Let me go over the details.

What about touring a property? PHYSICAL VS. VIRTUALNot all cost seg firms offer (or encourage) on-site analysis, which m...
06/26/2025

What about touring a property?
PHYSICAL VS. VIRTUAL

Not all cost seg firms offer (or encourage) on-site analysis, which may be best some assets.

While on-site is not a requirement...consider the risk/reward. Are there partners to protect?

Is the property technical (multi-tenant/manufacturing/etc.)?

How much experience does the person have that is driving the remote call?
Either way, I would encourage everyone to work with experienced firms that can provide references and sample reports.

The land itself? No depreciation there. But...

The assets under the ground? Yes!

Think underground storm drains, grease traps, road base, irrigation, and conduit.

These hidden gems can bring you valuable tax savings! And if you cannot see them how do you know they are there.

The answer is: Experience.

The land itself? No depreciation there. But...The assets under the ground? Yes!Think underground storm drains, grease tr...
06/23/2025

The land itself? No depreciation there. But...

The assets under the ground? Yes!

Think underground storm drains, grease traps, road base, irrigation, and conduit.

These hidden gems can bring you valuable tax savings! And if you cannot see them how do you know they are there.

The answer is: Experience.

Classifying assets can get tricky!For example, electrical distribution may serve both personal property and structural c...
06/19/2025

Classifying assets can get tricky!

For example, electrical distribution may serve both personal property and structural components.

Millwork could be classified as 5-year for decorative purposes or 27.5-year for building protection.

Fire suppression over a hood can be accelerated but the same line over the kitchen area cannot.

It is all about knowing the details.

Address

Fort Worth, TX

Telephone

+12149830862

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