Today, we’ll better understand how cost segregation works, and the massive tax benefits real estate investors can get from it. We invited one of the experts Joseph Viery to explain its calculation, how investors can take advantage of the 100% bonus and accelerated depreciation, and why it’s significant to learn this aspect of the business. Don’t miss out on learning the strategy where you can offset your revenue!
Key Takeaways from this episode
- What is cost segregation and how can you benefit from it
- Cost segregation study for land, building, and single-family homes
- Advice for long-term single-family investors taking advantage of depreciation for the first time
- The importance of working with confident advisors and tax professionals
- Is there a reason not to do cost segregation?
About Joseph Viery
Joseph Viery is the founder of USTAGI with the goal of providing quality cost segregation studies. As a Cost Segregation Professional, CSP, he has helped property owners defer or eliminate millions of dollars in income taxes by leveraging IRS-compliant cost segregation studies. Since becoming a CSP in 2007, He has performed thousands of cost segregation studies for clients in various industries ranging from $500,000,000 commercial properties to $50,000 single-family residences. He regularly presents at workshops nationally and is a frequent guest on industry podcasts. He has a natural ability to turn complex sets of guidelines into easy-to-understand topics.
Connect with Joe
- Website: US Tax Advisors Group, Inc.
- LinkedIn: Joseph Viery
