Show #24- How to use cost segregation in order to depreciate your rental properties over a shorter period of time

Have you ever heard of cost segregation? Well neither had we until Ian Horowitz (co-host on this Real Estate Reserve Podcast) told me about it earlier this week. Don't quote us on this but he explained it to me like this...

We came across a tax strategy called, cost segregation. This simple strategy can help reduce your tax basis on your rental properties and even retail businesses! Cost segregation allows you to advance depreciation on parts of your assets that ultimately reduce your overall taxable income.

We were interested and decided to invite Jerry Lotz of CSSI onto our live podcast today. His firm specializes in the cost segregation strategy. We will be doing a case study on how it works along with discussing the recent tax benefit that was passed in the Cares Act!

We already told him that we never pitch or sell anything to our podcast s so he knows its strictly for sharing a new concepts and ideas that you can utilize in your real estate portfolio.

We don't personally have any experience with this concept yet so will be learning as we go through it.

Tune in now to learn about Cost Segregation