Unlocking The Power Of Cost Segregation With Yonah Weiss
 On this Real Estate Hustlers Podcast episode with Yonah is a powerhouse with property owners’ tax savings. As Business Director at Madison SPECS, a national Cost Segregation leader, he has assisted clients in saving hundreds of millions of dollars on taxes through cost segregation. He has a background in teaching and a passion for real estate and helping others. He’s a real estate investor and host of the top podcast Weiss Advice.Â
Watch the episode here:
Listen to the podcast here:
Key Points From This Episode:
- Cost segregation is a tax deduction strategy that allows property owners to accelerate depreciation and take larger deductions upfront.
- Cost segregation studies must be done by a third-party engineering firm and can be applied to both new and older properties.
- Recapture tax is a potential downside of cost segregation when selling a property, but the tax rate is lower than regular income tax.
- Cost segregation can benefit limited partners in syndication deals by allowing them to claim a portion of the depreciation on their K-1 tax document.
- Real estate professionals and owners of short-term rentals can use cost segregation to offset their W-2 income.
About Yonah:
On this Real Estate Hustlers Podcast episode Yonah is a powerhouse with property owners’ tax savings. As Business Director at Madison SPECS, a national Cost Segregation leader, he has assisted clients in saving hundreds of millions of dollars on taxes through cost segregation. He has a background in teaching and a passion for real estate and helping others. He’s a real estate investor and host of the top podcast Weiss Advice.
Get In Touch With Yonah:
LinkedIn:Â https://www.linkedin.com/in/cost-segregation-yonah-weiss/
Facebook:Â https://www.facebook.com/yonah.weiss.1/
Instagram:Â https://www.instagram.com/yonahweiss/
Twitter:Â https://twitter.com/YonahWeiss