Cost seg before or after renovating? · 🏠 Lower Taxes w/ Ryan

Oct 2 (edited) • ☀️ Chat

Cost seg before or after renovating?

Looking to purchase an STR before EOY - will likely buy a property that needs some updating/renovating and curious what the right play is in relation to cost seg. Is it ideal to complete the reno and then do a cost seg after or do you still get the same/similar tax benefit if you do a cost seg, go live to get your 2 bookings, etc. and THEN the reno? Up against the clock with EOY right around the corner.

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