It is not a secret that investing in real estate will require a large amount of money. That is why every real estate entrepreneur looks for ways to save money no matter how big or small it may be, after all a saving is still a saving. One way to save money is from investment taxes and that is our topic today. How can you save huge money from real estate investment taxes?Our guest, John Viery of US Tax Groups, Inc. talks about saving through investment taxes. Joseph elaborates on cost segregation, an accounting tactic that is a practice of segmenting different components of a property’s depreciation. Joseph details how cost segregation can save you money when it comes to certain residential real estate investments. Joseph also talks about what he calls a two-year hold and detailed engineering approach. He also says that the location of the accountant’s office is not important so long as you find somebody good and is charging you fairly. Listen now and find out how you can save money through real estate investment taxes, may it be through depreciation or tax credit!
Top comments
With over 2000 episodes and counting, The Real Estate Syndication Show - hosted by entrepreneur, philanthropist, and investor Whitney Sewell - is your comprehensive guide to all things real estate and beyond. Here you’ll find real, raw conversations full of expert insights and practical strategies, along with powerful and inspirational personal journeys.From real estate tycoons like Scott Trench (CEO @ Bigger Pockets) and Spencer Rascoff (Zillow co-founder) to investing gurus like Joe Fairless (Best Ever CRE) and philanthropy leaders like Lloyd Reeb (Halftime Institute) – each conversation brings its own unique edge, inspiration, and actionable value.Tune in every Thursday for a new...