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Journey to Multifamily Millions - Saving Millions in Real Estate Using Cost Segregation with Yonah Weiss, Ep 7

Saving Millions in Real Estate Using Cost Segregation with Yonah Weiss, Ep 7

Journey to Multifamily Millions

09/01/22 • 38 min

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In this episode, I have a chat with the “Cost Seg King” Yonah Weiss, Business Director for Madison SPECS and multifamily investor.

Yonah discusses Cost Segregation as a tool that helps owners save millions of dollars on taxes by creating “paper losses”. 💵

He also shares some of the secrets to, and benefits of, becoming a LinkedIn influencer. This episode is packed with pearls of wisdom for passive and active investors! 🦪

Key Points From This Episode

🗝️ What is Cost Segregation?
🗝️ What is Bonus Depreciation?
🗝️ How tax savings benefit passive investors
🗝️ The risks of Depreciation Recapture
🗝️ About Yonah's success as a LinkedIn influencer
🗝️ Adding value through social media

Notable Quotes

"The majority of people I talk to have never heard of cost segregation" - [Yonah Weiss]

"Probably the greatest advantage when it comes to tax strategy is deferrals" - [Yonah Weiss]

"Being an influencer is about highlighting other people" - [Yonah Weiss]

"The best type of post in my opinion are ones that ask questions" - [Yonah Weiss]

"I'm not seeing any slowing down; I see people every single day buying real estate" - [Yonah Weiss]

"You can find deals and you can make money in any environment...recession included" - [Tim Little]

Connect with Yonah Weiss

👉 Connect with Tim

Subscribe, Rate, and leave a review here 🌟
https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497

09/01/22 • 38 min

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