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Podcast: Street Smart Success
Episode: 66: Cost Segregation, the Third Rail of Real Estate Investing
Description: Amongst other positive aspects of Real Estate, depreciation is a phenomenon that makes it like no other investment. Especially with recent changes around bonus depreciation, you can depreciate 100% of certain costs in the first year of ownership. This provides an exceptional opportunity to demonstrate big paper losses year one. Today’s guest, Yonah Weiss of Madison Specs, the largest real estate tax firm in the country, has a great way of simplifying how depreciation and cost segregation works.