🔥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.

What actionable value will you provide to our listeners?

Learn about this important tax strategy

Key Takeaways:

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.

Connect with Yonah

LinkedIn: https://www.linkedin.com/in/cost-segregation-yonah-weiss/

Facebook: https://www.facebook.com/yonah.weiss.1/

Instagram: https://www.instagram.com/yonahweiss/

Twitter: https://twitter.com/YonahWeis

Connect with Josh:

Facebook:⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.facebook.com/josh.appelman.108/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

Facebook group: https://www.facebook.com/groups/realestatehustler

Linked in:⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.linkedin.com/in/josh-e-appelman-97767973/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

Unlocking the Power of Cost Segregation with Yonah Weiss| Episode 52

Real Estate Hustlers with Josh Appelman