Getting to the CORE

Terry Judge

GETTING TO THE CORE Podcast is all about getting to the CORE all things real estate investing, tax strategies and wealth creation. This podcast has been designed for entrepreneurs and business professionals looking to create REAL wealth and a freedom type lifestyle. Our guest include some the most respected real estate investors, wealth advisors and business innovators of our time, sharing some of there most valuable tips, secrets and insights. Enjoy the show!

  1. “100% Bonus Is Back: Breaking Down the Big Beautiful Bill” Game-Changing Tax Moves for CRE Owners & Investors

    JUL 16

    “100% Bonus Is Back: Breaking Down the Big Beautiful Bill” Game-Changing Tax Moves for CRE Owners & Investors

    Summary In this episode of the Getting to the CORE podcast, host Terry Judge breaks down the powerful new tax legislation that’s sending waves through the real estate and business world: 100% Bonus Depreciation is officially back—starting January 20, 2025, through 2030.Terry explores how this change—dubbed the Big Beautiful Bill—creates massive opportunities for commercial property owners, investors, and developers looking to accelerate depreciation and maximize their cash flow over the next 5+ years. He also dives into: The difference between 179 expensing and bonus depreciationThe critical importance of quality in cost segregation servicesWhy R&D tax credits continue to be underutilizedHow to leverage this new window for long-term tax strategy and complianceThis isn’t just a tax update—it’s a blueprint for smarter investing, deeper deductions, and lasting advantage in the real estate space. If you own or plan to acquire property in the next 5 years, this is a must-listen. Takeaways The new tax bill has significant implications for real estate investors. 100% bonus depreciation is back and retroactive to January 19, 2025. Investors can plan their tax strategies for the next five years without interruptions. 179 expensing has increased to allow write-offs up to $2.5 million. R&D tax credits can now be expensed in year one, benefiting many businesses. Quality in cost segregation is crucial for maximizing tax benefits. CORE Solutions has maintained zero disallowances in 20 years of service. The importance of thorough engineering analysis in tax reporting cannot be overstated. Investors are energized and ready to move forward with new acquisitions. Trust and reliability are key factors in choosing a tax strategy provider. SummaryIn this episode of the Getting to the Core podcast, Terry Judge discusses the recent tax bill's implications for real estate investors, focusing on the reinstatement of 100% bonus depreciation and its retroactive benefits. The conversation also covers the importance of quality in cost segregation services, the advantages of 179 expensing, and the significance of research and development tax credits. Throughout the discussion, the emphasis is on providing reliable and thorough tax strategies to help clients maximize their benefits while ensuring compliance with IRS regulations.TakeawaysThe new tax bill has significant implications for real estate investors.100% bonus depreciation is back and retroactive to January 19, 2025.Investors can plan their tax strategies for the next five years without interruptions.179 expensing has increased to allow write-offs up to $2.5 million.R&D tax credits can now be expensed in year one, benefiting many businesses.Quality in cost segregation is crucial for maximizing tax benefits.CORE Solutions has maintained zero disallowances in 20 years of service.The importance of thorough engineering analysis in tax reporting cannot be overstated.Investors are energized and ready to move forward with new acquisitions.Trust and reliability are key factors in choosing a tax strategy provider.Chapters00:00 Introduction to CORE Solutions and Recent Developments00:49 Impact of the New Tax Bill on Real Estate02:57 100% Bonus Depreciation: A Game Changer08:51 Understanding 179 Expensing and Its Benefits11:30 Research and Development Tax Credits Explained17:09 The Importance of Quality in Cost Segregation23:09 Conclusion: Trust and Reliability in Tax Strategies

    26 min
  2. From Military to Millionaire: Vince Gethings' Journey

    MAY 22

    From Military to Millionaire: Vince Gethings' Journey

    In this conversation, Terry Judge interviews Vince Gethings, an entrepreneur and real estate investor with a military background. They discuss Vince's journey from military service to entrepreneurship, the influence of his parents' entrepreneurial spirit, and his initial foray into real estate investing. Vince shares insights on scaling his investments, transitioning from single-family homes to multifamily properties, and the challenges of managing a diverse portfolio across different states. The conversation also touches on investment strategies, property evaluation, and the importance of adapting to market conditions. In this conversation, Vince Gethings shares his insights on navigating the multifamily real estate market, particularly in the DFW area, post-COVID. He discusses the importance of area median income as a key performance indicator, the underwriting and due diligence process, and the significance of cost segregation in maximizing property value. Vince also emphasizes the benefits of in-house property management, his future goals for scaling his business, and the importance of coaching and mentorship in real estate. He concludes with thoughts on work-life balance and personal growth. Takeaways Vince's entrepreneurial journey was influenced by his parents' businesses. He joined the military and started investing in real estate in 2013. The VA home loan allowed him to house hack and gain equity. He scaled his portfolio to 20 units before transitioning to multifamily. Vince emphasizes the importance of education in real estate investing. He shifted focus to the Dallas Fort Worth market for growth. Managing a diverse portfolio across states became challenging. Vince's strategy includes syndications and joint ventures. He prioritizes higher quality assets in his investment strategy. COVID impacted the performance of different property classes. B class properties are performing well in the current market. Area median income is crucial for investment decisions. A good unit mix is essential for minimizing turnover. On-site inspections reveal insights not visible in spreadsheets. Early access provisions can streamline due diligence. Contract lawyers should specialize in the relevant state. Cost segregation is vital for tax savings and investor attraction. In-house property management can improve expense management. Coaching and mentorship are key to success in real estate. Work-life balance is important for long-term sustainability. Chapters 00:00 Introduction and Background 03:09 Military Influence and Entrepreneurial Journey 05:59 Scaling Real Estate Investments 08:53 Transitioning to Multifamily Investments 11:49 Current Portfolio and Market Focus 15:13 Challenges of Managing a Diverse Portfolio 18:06 Investment Strategies and Property Evaluation 22:04 Navigating the Multifamily Market Post-COVID 24:04 Underwriting and Due Diligence Process 27:24 Key Steps in Closing a Deal 30:14 Maximizing Value Through Cost Segregation 35:50 Future Goals and Market Outlook 40:01 In-House Property Management Benefits 42:50 Coaching and Mentorship in Real Estate 46:01 Work-Life Balance and Personal Growth

    46 min
  3. Multifamily Investing is the Future with Vinney Chopra - Episode 16

    2022-08-23

    Multifamily Investing is the Future with Vinney Chopra - Episode 16

    It wasn't easy for Vinney Chopra when he first came to America from India. With only $7 in his pocket, he set out for the land of opportunity. After studying mechanical engineering, Vinnye's dream was to become an entrepreneur. Fast forward now he owns thousands of units, doing millions of deals, has written a couple of books and has been developing projects. His success isn't overnight, it took him 15 years to get to where he is at now. Join us as Vinny shares his secrets to success with all those who are willing to listen and succeed just like him! Let's get to the CORE! In this episode, we explore: 0:20 Introduction 2:25 Vinny's story 4:50 Opportunities knock on our doors 9:10 Built portfolio 7 years 10:16 52/62 million deal 12:04 Tier Investing 14:18 Multifamily shortage 16:05 Supply of Seniors 21:05 Hotel is also like multifamily 23:02 Property Improvement Plan 24:08 Brands that Vinny buy 26:50 Changing game plan 28:26 Bonus Depreciation / Cost segregation 33:09 10/31 Exchange 36:44 Vinnychopra.com Connecting with the Guest: LinkedIn: https://www.linkedin.com/in/vinney-smile-chopra/ Website: https://vinneychopra.com/ Connecting with CORE: Website: https://coresolutionsgroup.net/ Facebook:https://www.facebook.com/CORESolutionsGroup LinkedIn: https://www.linkedin.com/company/core-solutions-group/ Instagram: https://www.instagram.com/terry_judge/ Youtube: https://www.youtube.com/channel/UCCFyk0Puy8kP-xtA4Ebd0yA #realestate #multifamily #costsegregation

    44 min
  4. 2022-08-09

    How A Supermom Got Into Real Estate Investing To Spend Time With Her Family with Anna Kelley - Episode 15

    Investing in real estate sounds like a big, risky undertaking but Anna Kelley joins us today to share her perspective on investing in real estate.  It all started back in 2003 when she first got into flipping houses for profit. As a mother who already works full-time, Anna had decided to re-focus her time on work and more time on spending quality time with her children — so after some thinking, she finally invested in properties and made enough success to replace her six-figure salary. Today Anna has built herself up from a small businesswoman to someone who controls many investments (all while still being present as a mother). But, every mother knows well, that it is never easy. Today, we’ll hear some great tips about motherhood and investing from Anna. Join us as we get to the CORE! In this episode, we explore: 0:17 Introduction 6:52 About Anna 10:28 Flipping Houses 13:38 Tenants are stable 14:24 Forced appreciation 15:41 Looked risky to banks 19:28 Current plans 21:14 Anna's Portfolio 24:16 Assest class 25:21 Hard Economic Times 26:52 High end vacation rentals 30:03 Seller Financing 36:23 Subject Two 38:04 Diversification 41:45 Advice to starters 43:44 Greaterpurposecapital.com / REImom.com 44:32 Cost segregation Connecting with the Guest: Facebook: https://www.facebook.com/annakelleyreimom Website: https://reimom.com/ Connecting with CORE: Website: https://coresolutionsgroup.net/  Facebook:https://www.facebook.com/CORESolutionsGroup  LinkedIn: https://www.linkedin.com/company/core-solutions-group/  Instagram: https://www.instagram.com/terry_judge/   Youtube: https://www.youtube.com/channel/UCCFyk0Puy8kP-xtA4Ebd0yA #realestate #multifamily #costsegregation

    46 min
  5. The Incredible Impact of Cost Segregation on Multifamily Investing with Jens Nielsen - Episode 14

    2022-08-02

    The Incredible Impact of Cost Segregation on Multifamily Investing with Jens Nielsen - Episode 14

    Jens Nielsen is a multi-family investor and a business coach, leveraging off his experience and connections he has helped other multi-family investors buy their first duplex and their next several duplexes. He owns a real estate investing company called Open Doors Capital. His company's mission is to help his clients understand how real estate can unlock capital for retirement and freedom.  Jens is a true professional, and very detail-oriented which is why we loved working with him at CORE Advisors. Like many rockstar multifamily operators, he understands the very profitable synergy between multifamily and cost segregation. In this episode we're gonna talk about getting into real estate, having multiple sources of income, networking, and a whole lot more. In this episode, we explore: 03:09 – Open Doors Capital 05:47 – Getting Started   08:49 – Multiple Source of Income 11:00 – Networking 13:01 – Real Estate in the future 15:33 – Cost Segregation 18:00 – CPA Process 20:32 – Mastermind Classes Connecting with the Guest: Linkedin: https://www.linkedin.com/in/jens-nielsen-multi-family-real-estate-coach/ Website: https://odcfund.com/  Connecting with CORE: Website: https://coresolutionsgroup.net/ Facebook:https://www.facebook.com/CORESolutionsGroup LinkedIn: https://www.linkedin.com/company/core-solutions-group/ Instagram: https://www.instagram.com/terry_judge/ Youtube: https://www.youtube.com/channel/UCCFyk0Puy8kP-xtA4Ebd0yA #realestateagent  #multifamily #costsegregation

    23 min
  6. How Healthy Habits Equal A Successful Business with Tony Stephan - Episode 13

    2022-07-19

    How Healthy Habits Equal A Successful Business with Tony Stephan - Episode 13

    Do you know what it takes to build a healthy life and lifestyle? It takes way more than just heavy lifting. Tony Stephan grew up being taught by his father to use fitness as a way of dealing with stress. This built the discipline and motivation he needed to become both successful in business and physique. Fitness became all encompassing for him; from his workouts, which carried over into everyday life. By 20 years old, he was a millionaire but quickly realized he didn't have any worthwhile assets. So he educated himself and did the work. Fast-forward today, he now has an amazing portfolio and owns multiple units. How do we turn hurt into habits, and failures to triumphs, Tony shares it all in this episode. From fitness to business advice, and how a morning routine can help you be successful, we’ll get to the CORE of it all! In this episode, we explore: 0:19 Introduction 2:05 Tony's Story 5:09 Cash rich, asset poor 7:09 Being resourceful 9:32 What is wealth without health 12:38 Tony's Routine 17:24 Online business 18:26 Rentals and properties 21:02 Plans this year 23:45 Cost segregation 29:13 Contact Tony Connecting with the Guest: Linkedin: https://www.linkedin.com/in/tonystephandietitian/ Website: https://tony-stephan.com/ Connecting with CORE: Website: https://coresolutionsgroup.net/ Facebook:https://www.facebook.com/CORESolutionsGroup LinkedIn: https://www.linkedin.com/company/core-solutions-group/ Instagram: https://www.instagram.com/terry_judge/ Youtube: https://www.youtube.com/channel/UCCFyk0Puy8kP-xtA4Ebd0yA #realestate #fitness #costsegregation

    30 min
  7. 2022-07-14

    Lessening Your Tax Payments with Eric Lawson - Episode 12

    From humble beginnings, Eric Lawson has managed to keep his head up high. Eric is an influential businessman who has made his fortune in the real estate industry. It was through these influential people that he had found success early on, and it was them who pushed him onward towards greater heights. This episode will show you how investing during recession could be beneficial-to both your bank account and mental health-and we'll discuss how to care for the properties you invest in so they don't become a burden or drain on your profits. We'll also cover some formulas that'll give you a rough estimate of potential earnings from different types of investments; along with cost segregation and what's it got to do with anything? Let's go over some important fact and get to the CORE of it all! In this episode, we explore:  0:22 Introduction 2:51 Eric's Background 4:34 Increased rates 12:01 Current rates 14:35 Eric's first real estate transaction 17:24 Short Term Rentals 21:01 Revenue from this year to last year 22:38 Formula on rentals 26:03 Cost segregation 33:37 Managing properties 36:59 Eric's Goal for this year 39:07 What is Cost segregation Connecting with the Guest: Linkedin: https://www.linkedin.com/in/eric-lawson-480b7b6/ Website: http://www.ericlawsonlending.com/ Connecting with CORE: Website: https://coresolutionsgroup.net/ Facebook:https://www.facebook.com/CORESolutionsGroup LinkedIn: https://www.linkedin.com/company/core-solutions-group/ Instagram: https://www.instagram.com/terry_judge/ Youtube: https://www.youtube.com/channel/UCCFyk0Puy8kP-xtA4Ebd0yA #realestate #shorttermrentals #costsegregation

    42 min
  8. 2022-07-05

    Property Management Essentials and Making a Difference with Matt Faircloth - Episode 11

    What gets you up in the morning? For Matt, it’s knowing that he helps transform the lives of others with real estate. Matt is as generous as they come. He aims to build communities, not just careers or wealth. With the proper motivation, the work we do transcends to something greater than just acquiring wealth - whether it be for ourselves or somebody else. Just ask Matt and his wife Liz, who herself has forged a path together as a couple in real estate.  Today they coach hundreds of individuals and couples building wealth in real estate but it goes beyond all of that—the goal is to really make a difference. From his engineering background to his property management expertise, to banters with his wife, Matt talks about it all and how to make it in today’s market. This is exactly the type of episode that this show is all about, a balance of wealth building and quality of life.  Tune in with us as we get to the CORE of how Matt makes a difference, and how you can too! In this episode, we explore:  01:42 – From engineering degree to real estate 03:31 – Always nervous to close deals 05:10 – What is house hacking? 07:34 – Expanding to bigger properties 10:22 – The business of property management 13:02 – Scale or dissolve? 15:52 – Two types of management companies 18:22 – Liz and Matt, the power couple 23:30 – Coaching for female investors 28:20 – Finding deals is tough 30:28 – The secret sauce going forward 32:54 – Matt’s syndication structure 35:40 – Bake rate creep into the pie 37:31 – What inspires Matt right now 39:02 – Matt’s advice to newcomers Connecting with the Guest: Podcast: https://www.therealestateinvesther.com/ Website: https://derosagroup.com/ Connecting with CORE: Website: https://coresolutionsgroup.net/ Facebook:https://www.facebook.com/CORESolutionsGroup LinkedIn: https://www.linkedin.com/company/core-solutions-group/ Instagram: https://www.instagram.com/terry_judge/ Youtube: https://www.youtube.com/channel/UCCFyk0Puy8kP-xtA4Ebd0yA #realestate #propertymanagement #costsegregation

    42 min

About

GETTING TO THE CORE Podcast is all about getting to the CORE all things real estate investing, tax strategies and wealth creation. This podcast has been designed for entrepreneurs and business professionals looking to create REAL wealth and a freedom type lifestyle. Our guest include some the most respected real estate investors, wealth advisors and business innovators of our time, sharing some of there most valuable tips, secrets and insights. Enjoy the show!