Save Thousands Using Cost Segregation!
R. Kenner French discusses the intricacies of cost segregation studies, a strategic tax planning technique that allows real estate investors to accelerate depreciation and lower their tax liabilities.
He emphasizes the importance of understanding the mechanics of cost segregation, choosing the right advisor, avoiding common mistakes, and staying updated on future trends in tax policy and technology.
Takeaways
• Cost segregation studies can significantly lower tax liabilities for real estate investors.
• Understanding depreciation is crucial for maximizing tax benefits.
• Choosing the right cost segregation advisor is essential for success.
• Common mistakes in cost segregation can lead to financial losses.
• Proactive tax planning is more effective than reactive strategies.
• Artificial intelligence can enhance the efficiency of cost segregation studies.
• Documentation is key to successful cost segregation claims.
• Cost segregation can be applied to both residential and commercial properties.
• Staying updated on tax policy changes is vital for real estate investors.
• Collaboration in the industry can lead to better cost segregation practices.
Sound Bites
• It's basically free money from the government.
• Cost segregation is a powerful tool.
• Improper asset classification can cost you.
• Cost seg is a strategic tax planning tool.
Listen & Subscribe for More:
🎧 The Vast Voice Podcast → Available on Spotify & Apple Podcasts
▶️ Subscribe to VastSolutionsGroup.com on YouTube for expert insights! 🚀
If you have any questions in general you can reach our office at:
Phone: 415-212-8189
Email: [email protected]
Monday-Thursday 8:00 AM – 5:00 PM (Pacific)
Thank you for listening!
