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Podcast: Your Financial Pharmacist
Episode: YFP Real Estate Investing 54: Using Cost Segregation to Optimize Real Estate Tax Benefits
Description: Todd Strumpfer, a senior account executive at Cost Segregation Services, Inc., discusses depreciation, its importance in real estate investing, and why pharmacist real estate investors should consider cost segregation services for their properties. Key Points From This Episode Welcome to Todd Strumpfer, senior account executive at Cost Segregation Services, Inc. What depreciation is from a tax standpoint, and how it differs from the property dropping in value. Breaking down the lump depreciation value into individual costs. Why cost segregation is beneficial to owners in the short term. How tax cuts accelerate depreciation further. Why the state of a pr...