CREI Partners

Real Estate Investments

The Untold Stories of Real Estate Investing Podcast

Maximizing Real Estate Investment Returns through Cost Segregation with Yonah Weiss

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CREI Partners
CREI Partners
Maximizing Real Estate Investment Returns through Cost Segregation with Yonah Weiss
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How do real estate investors with active and passive income save significant tax dollars, legally? Learn about general depreciation, bonus depreciation, and cost segregation.  In this episode, Wayne talks to Yonah Weiss, business director for Madison SPECS. Yonah has helped hundreds of real estate investors save tons of income tax money through cost segregation services. Topics on Today’s Episode:
  • Teacher Skillset: Trial-and-error role of non-stop networking to make cost seg less boring
  • Real Estate vs. Tax World: Depreciation makes real estate a tax-advantaged investment 
  • What is cost segregation? Engineering method of study that involves taxation
  • What is depreciation? Non-paper loss or deduction that reduces income tax liability 
  • Who can utilize depreciation? Any type of investment property—no matter size or shape
  • Depreciation: Starts the day that you purchase the property, not intrinsic to wear and tear
  • 100% Bonus Depreciation: Reallocate other property aspects, not structural pieces
  • Icing on the Cake: Complicated cost segregation required for bonus depreciation
  • Catchup with Depreciation Recapture: When investors sell property, avoid or defer tax
  • Active and Passive Real Estate Investment/Cost Segregation Benefits:
    • Maximize annual depreciation
    • Reduce upfront income tax costs
    • Lower capital costs
  • Good, Bad, Ugly Aspects: Diversify investments, but don’t jump in without experience
Links and Resources: Yonah Weiss Yonah Weiss on LinkedIn Madison SPECS Weiss Advice Podcast IRS – Real Estate Professional Rules Wayne Courreges Free Passive Investor eBook by Wayne Courreges The Untold Stories of Real Estate Investing Podcast

About Wayne Courreges III

Based out of Central Texas, Wayne leads the investment life cycle and investor relations for CREI Partners as the Lead Sponsor and General Partner. CREI Partners is a privately held investment company focused on acquiring multi-family value add opportunities throughout the Austin, San Antonio, and Houston region. Contact Wayne at 512-710-2500 or wayne@creipartners.com for more information on future investment opportunities.