Depreciation Secrets- Pay Little to No Taxes on CRE Investments with Yonah Weiss | REM #161

Depreciation is one of the most appealing aspects of investing in real estate. Depreciation is the process used to deduct the costs of buying and improving a rental property. This powerful strategy allows many real estate investors to pay little to no income taxes. Cost segregation, a type of depreciation strategy, is a lesser known option that many investors in the commercial real estate space utilize to maximize their tax savings. Understanding this strategy is useful for both active and passive investors, because it allows them to take advantage of depreciation opportunities they otherwise would have missed out on. This is the topic we dive into with today’s guest. Our conversation with Yonah provides a depth of knowledge on this awesome tax saving strategy. We chat about the difference between cost segregation and straight line depreciation, what his team of engineers look for during a cost segregation study, and the benefits of being a real estate professional. We also discuss what types of properties benefit the most from cost segregation, how capital expenditures and property renovations factor into a cost segregation study, and more. To learn about this fascinating tax saving strategy that has investors excited about tax season, make sure to listen now! ***(THIS IS NOT FINANCIAL ADVICE! Please consult with your tax professional or attorney for your own personal tax situation).*** Connect with Yonah: Website: https://yonahweiss.com https://yonahweiss.madisonspecs.com/ Instagram: https://www.instagram.com/yonahweiss/ Linkedin: https://www.linkedin.com/in/cost-segregation-yonah-weiss/ If you want to download our FREE 3-Step Passive Investing Checklist, go to Follow Us: @donisbrothers on Instagram, Twitter, Facebook @Donis Investment Group on Linkedin Website –  https://www.donisinvestmentgroup.com/ https://www.donisinvestmentgroup.com/checklist