Justin Colby

But for all my single family lovers that have rentals or maybe even fix and flips or whatever, where's the fine line for you that you advise like it's worth it to do a cost seg study or it's not?

So for example, I'm doing a bulk loan of taking five of my rentals and I'm wrapping into one loan.

So I could go take those five and do a cost seg study against those five.

I'm making up the number.

Let's just say they're all five combined are worth 800 grand.

I'm making up the number.

then it would make sense where independently they're worth 150 grand.

Yeah.

Okay.

So, well, then I'm going to call you after this episode again.

We'll put that into my next round of things to do.

So this is where me and my accountant go.

head to head a lot of times right what is the appreciable what is in what's going to count what's not going to count um so let's talk a lot about the the grainy alerts there's not a lot of people that are nearly as familiar as obviously you or even myself right you are infinitely more uh experienced but i know enough

What is depreciable?

And how does that look?

Let's just use a single family home.

Let's stick with that for the time being.

If I buy a home, I renovate the home and then I rent it.

The classic BRRRR model.

Sure.