5 Talents Podcast - Passive Investing, Cashflow, & Wealth Creation in Commercial Real Estate

[Bonus Episode] Yonah Weiss - How Does Cost Segregation Work in Real Estate?

October 29, 2021 Abel Pacheco Episode 194
5 Talents Podcast - Passive Investing, Cashflow, & Wealth Creation in Commercial Real Estate
[Bonus Episode] Yonah Weiss - How Does Cost Segregation Work in Real Estate?
Show Notes

Yonah Weiss is a lifelong learner and teacher who uses his passion for teaching to support real estate investors in creating powerful tax strategies for their businesses. Known as the #CostSegKing in real estate circles, Yonah is also an advocate for cost segregation that allows investors to grow their businesses by reducing their taxable income and increasing their cash flow. He will reveal in this episode how exactly that works, as well as the things that successful people do that you can apply right now. 

Listen to Yonah and know more about cost segregation!

[00:01 - 05:25] Opening Segment

  • Let’s get to know Yonah Weiss
  • The benefits of cost segregation in real estate

[05:26 - 15:53] Cost Segregation

  • Yonah breaks down depreciation and accelerated depreciation
  • What investors should realize about tax deductions
  • What most successful people do according to Yonah

[15:54 - 25:46] Business Scaling

  • How to scale in the real estate business
  • What Yonah learned about savvy commercial lenders
  • How much depreciation can an investor expect from cost segregation?

[25:47 - 32:41] Value of Depreciation

  • How depreciation is set when you buy a property
  • When to reach out to Yonah and his firm
    • Should you go to your tax advisor first?
  • The minimum dollar amount for real estate properties

[32:42 - 34:07] Closing Segment

  • Connect with Yonah
    • Links below
  • Final words from Yonah and me 

 

Tweetable Quotes: 

“It’s not about how much these tax deductions you can get. It’s really about how much you can use.” - Yonah Weiss

“When you know what your superpower is, when you know what you’re good at, find team members that are good at the things that you don’t like to do and then you’re not so good at.” - Yonah Weiss


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Follow Yonah on LinkedIn and check out Madison SPECS to learn how to create a powerful tax strategy for real estate investors. Visit his personal website to learn more about cost segregation.

Hear from Yonah as he talks with the best in real estate investing, business, and beyond! Play Weiss Advice on your favorite podcast player.

Guest email: [email protected] 



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