If you want to learn how wealthy people manage to grow their wealth, this episode is for you! Today, Yonah Weiss shares a powerful tool on how to depreciate your assets at a faster rate and reduce your tax burden.
WHAT YOU’LL LEARN FROM THIS EPISODE
Why is real estate investing a great way to live a better life Advance depreciation: What it is and how it will benefit you? Understanding cost segregation and its components How bonus depreciation lowers property taxes and creates passive losses The impact of 1031 Exchange Rules on REI
ABOUT YONAH WEISS
Yonah Weiss is the Business Director of Madison SPECS, a company that provides skilled, engineering-based cost segregation studies for reclassifying real estate components and renovations in order to accelerate depreciation deductions, defer taxes, and improve cash flow. He's also the host of Weiss Advice Podcast, where he gets to learn from the most successful people in real estate.
CONNECT WITH YONAH
Website: www.yonahweiss.com Facebook: Real Estate Connections LinkedIn: Yonah Weiss YouTube: Yonah Weiss Podcast: Weiss Advice
CONNECT WITH US
Email: email@example.com Instagram: Shawn Winslow YouTube: Shawn Winslow LinkedIn: Shawn Winslow FaceBook: Shawn Winslow