41 min
#77 with Yonah Weiss: Building a Branding and Social Media Strategy to Scale Your Real Estate Portfolio Millennial Millionaire Real Estate Podcast
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- Investing
In this episode, Jonathan Farber interviews Yonah Weiss on his road from leaving teaching to pursue his passion for real estate to finding his niche in tax strategy. Yonah is a tax strategist specializing in cost segregation working in New York. In this episode, we get into topics like: understanding cost segregation, the cost segregation secrecy mystery, supercharging your business with social media, and more!
Top Takeaways:
What is cost segregation - 10:30 - 13:20
Cost segregation is an income tax deduction
The deduction takes the form of an advanced type of depreciation
Depreciation is a tax deduction the IRS applies simply for owning the property
Cost segregation is the most correct way to apply depreciation
This is because different aspects of the property depreciate at differing rates
Why cost segregation isn’t more common - 16:00 - 18:00
Most people just struggle to understand the concept or shy away from the unknown
There are very few scenarios where cost segregation doesn’t provide a benefit
Some simple math can determine the benefit that would be returned
Why social media can be the superpower for your business - 20:30 - 23:20
Creating content on a regular basis builds commitment into your business
Content you create adds value for your audience
Engaging in others’ content creates value for them
Relationships are the foundation for growing your business and social media helps build them
How to bring value to Yonah Weiss:
Implement cost segregation where you can
Engage on LinkedIn
Resources:
Cost Segregation Quote Scheduling
Social Links:
biggerpockets.com/users/YonahW18
yonahweiss.com
linkedin.com/in/cost-segregation-yonah-weiss
yonahweiss.com/podcast
Connect With The host, Jonathan Farber Here!
LinkedIn: https://www.linkedin.com/in/jonathanfarber1/
Instagram: @jonjfarb
Facebook: https://www.facebook.com/jonathan.farber.9
Facebook Group: Real Estate Mentorship Mastermind
https://www.facebook.com/groups/860025821084224/
BiggerPockets: https://www.biggerpockets.com/users/JonathanF29
Schedule a time to talk: https://calendly.com/jonathan-farber/1-on-1-with-jonathan-farber-mmtr
Apply to be a guest on the podcast here: https://forms.gle/YNmALHUvDvuMWVVFA
In this episode, Jonathan Farber interviews Yonah Weiss on his road from leaving teaching to pursue his passion for real estate to finding his niche in tax strategy. Yonah is a tax strategist specializing in cost segregation working in New York. In this episode, we get into topics like: understanding cost segregation, the cost segregation secrecy mystery, supercharging your business with social media, and more!
Top Takeaways:
What is cost segregation - 10:30 - 13:20
Cost segregation is an income tax deduction
The deduction takes the form of an advanced type of depreciation
Depreciation is a tax deduction the IRS applies simply for owning the property
Cost segregation is the most correct way to apply depreciation
This is because different aspects of the property depreciate at differing rates
Why cost segregation isn’t more common - 16:00 - 18:00
Most people just struggle to understand the concept or shy away from the unknown
There are very few scenarios where cost segregation doesn’t provide a benefit
Some simple math can determine the benefit that would be returned
Why social media can be the superpower for your business - 20:30 - 23:20
Creating content on a regular basis builds commitment into your business
Content you create adds value for your audience
Engaging in others’ content creates value for them
Relationships are the foundation for growing your business and social media helps build them
How to bring value to Yonah Weiss:
Implement cost segregation where you can
Engage on LinkedIn
Resources:
Cost Segregation Quote Scheduling
Social Links:
biggerpockets.com/users/YonahW18
yonahweiss.com
linkedin.com/in/cost-segregation-yonah-weiss
yonahweiss.com/podcast
Connect With The host, Jonathan Farber Here!
LinkedIn: https://www.linkedin.com/in/jonathanfarber1/
Instagram: @jonjfarb
Facebook: https://www.facebook.com/jonathan.farber.9
Facebook Group: Real Estate Mentorship Mastermind
https://www.facebook.com/groups/860025821084224/
BiggerPockets: https://www.biggerpockets.com/users/JonathanF29
Schedule a time to talk: https://calendly.com/jonathan-farber/1-on-1-with-jonathan-farber-mmtr
Apply to be a guest on the podcast here: https://forms.gle/YNmALHUvDvuMWVVFA
41 min