Cost Segregation on Single Family Rentals w/ Joe Viery

Cost segregation is not just for big buildings. Joe Viery on what a single family study really costs.

Joe Viery has been running cost segregation studies since 2007 and founded US Tax Advisors Group in 2016. He has completed studies in all 50 states, and his argument in this conversation is direct: the strategy investors assume is reserved for downtown office towers now works on a fourplex or a single family rental, and most owners have never heard of it because their accountant doesn't know it is available at that price point.

Joe walks through what a study on a single family home actually costs, the 10x rule he uses to tell people when not to hire him, how far back you can reach on a property you already own, and what separates an engineer-based study from the DIY software versions that put the burden of the numbers on you. He also covers the passive versus active distinction and the $25,000 loss cap that can undo the whole benefit for a passive investor.

Key takeaways:

A single family study runs about $1,000 or less, and Joe will tell you not to do it if he cannot save you ten times the feeYou can reach back roughly 15 years from the date you acquired the property, not the date it was builtDIY cost seg software makes you supply the quantities, and Joe calls that an open invitation to an auditState conformity varies: California does not allow cost segregation against state tax, Arizona does179D and 45L came off the table as of June 30, so energy retrofit incentives are no longer in playPassive investors cap out at $25,000 in usable losses, which can blow up an otherwise strong study

About the guest:

Joe Viery is the founder of US Tax Advisors Group (USTAGI), a cost segregation firm serving investors from single family rentals to multi-million dollar commercial properties. He is not an accountant and does not provide tax or legal advice. His studies go to your accountant, who applies the results.

Links:

Free benefit estimate from Joe's team: https://ustagi.com

Build systems for your investing business: https://realdealcrew.com

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