When it comes to real estate investing, finding ways to save money so you have more to invest can be a game changer. One advanced method is frontloading depreciation by conducting a cost segregation study. Because properties automatically depreciate over 27.5 years for a residential property and 39 years for commercial, frontloading the depreciation leads to substantial tax savings in the first year. We want to help you understand how real estate investors can harness the power of this concept and save a significant amount in taxes. So, we brought in Bonnie Griffin Kaake of Cost Segregation Services, Inc. Bonnie is an expert in cost segregation and has been helping homeowners find creative ways to maximize these tax benefits for years.
Because cost segregation is a complex topic with a lot of nuances, you don’t need to worry about understanding every detail. The key is to recognize that this is a powerful method for getting leverage, which is crucial to building wealth through real estate. Check out the podcast to learn more, and find out if a cost segregation study can benefit you.
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