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$50K Tax Savings Most Landlords Miss (Cost Segregation)
Manage episode 481690279 series 2831232
This hidden tax strategy could save real estate investors $50,000+ in taxes WITHOUT renovating their properties. My friend Greg almost missed out on $47,000 in tax savings because his CPA never told him about cost segregation.
Learn how to:
✅ Legally accelerate depreciation on rental properties
✅ Reclassify components to 5, 7, and 15-year schedules instead of 27.5 years
✅ Apply this to properties you ALREADY own
✅ Use tax savings to fund your next property purchase
Most accountants never tell clients about this IRS-approved strategy that wealthy real estate investors have used for decades. Don't leave your money on the table!
🔽 LEARN MORE: Discover if Cost Segregation can save you thousands in taxes - we'll review your property details and show you how to maximize your tax savings 👇
https://pages.teachingmillionaires.com/re
⏱️ CHAPTERS:
00:00 The $50K mistake most landlords make
00:26 No renovations needed to unlock tax savings
00:49 Why most CPAs don't tell clients about this strategy
02:56 Cost segregation: The hidden tax strategy explained
04:26 How to unlock hidden deductions in properties you already own
05:07 Breaking down the $50K savings calculation
06:22 Who can benefit from this strategy (not just tycoons)
08:32 Documentation tips and bonus depreciation benefits
#realestateinvesting #taxstrategy #costsegregation
⚡️ Connect with Rich:
▶️ Subscribe for weekly financial insights: https://teachingmillionaires.com/youtube-subscribe
📱 Follow on Instagram: https://teachingmillionaires.com/instagram
✖️ X: https://teachingmillionaires.com/twitter
📘 Facebook: https://teachingmillionaires.com/fbgroup
🌐 Website: https://teachingmillionaires.com
🎧 Apple Podcasts - https://teachingmillionaires.com/apple-podcast
🎧 Spotify - https://teachingmillionaires.com/spotify-podcast
👥 About Rich Smith:
Rich Smith helps individuals and business owners optimize their wealth through smart financial strategies. With expertise in tax incentives and wealth preservation, Rich breaks down complex financial concepts into actionable steps.
📌 This video may contain links through which we are compensated when you click on or are approved for offers. The information in this video was not provided by any of the companies mentioned, and has not been reviewed, approved, or otherwise endorsed by any of these entities. I am not a financial advisor. The information I share is for educational purposes only and shouldn't be considered as certified financial or legal advice. It is imperative you conduct your own research. I am sharing my opinion only.
102 episodes
Manage episode 481690279 series 2831232
This hidden tax strategy could save real estate investors $50,000+ in taxes WITHOUT renovating their properties. My friend Greg almost missed out on $47,000 in tax savings because his CPA never told him about cost segregation.
Learn how to:
✅ Legally accelerate depreciation on rental properties
✅ Reclassify components to 5, 7, and 15-year schedules instead of 27.5 years
✅ Apply this to properties you ALREADY own
✅ Use tax savings to fund your next property purchase
Most accountants never tell clients about this IRS-approved strategy that wealthy real estate investors have used for decades. Don't leave your money on the table!
🔽 LEARN MORE: Discover if Cost Segregation can save you thousands in taxes - we'll review your property details and show you how to maximize your tax savings 👇
https://pages.teachingmillionaires.com/re
⏱️ CHAPTERS:
00:00 The $50K mistake most landlords make
00:26 No renovations needed to unlock tax savings
00:49 Why most CPAs don't tell clients about this strategy
02:56 Cost segregation: The hidden tax strategy explained
04:26 How to unlock hidden deductions in properties you already own
05:07 Breaking down the $50K savings calculation
06:22 Who can benefit from this strategy (not just tycoons)
08:32 Documentation tips and bonus depreciation benefits
#realestateinvesting #taxstrategy #costsegregation
⚡️ Connect with Rich:
▶️ Subscribe for weekly financial insights: https://teachingmillionaires.com/youtube-subscribe
📱 Follow on Instagram: https://teachingmillionaires.com/instagram
✖️ X: https://teachingmillionaires.com/twitter
📘 Facebook: https://teachingmillionaires.com/fbgroup
🌐 Website: https://teachingmillionaires.com
🎧 Apple Podcasts - https://teachingmillionaires.com/apple-podcast
🎧 Spotify - https://teachingmillionaires.com/spotify-podcast
👥 About Rich Smith:
Rich Smith helps individuals and business owners optimize their wealth through smart financial strategies. With expertise in tax incentives and wealth preservation, Rich breaks down complex financial concepts into actionable steps.
📌 This video may contain links through which we are compensated when you click on or are approved for offers. The information in this video was not provided by any of the companies mentioned, and has not been reviewed, approved, or otherwise endorsed by any of these entities. I am not a financial advisor. The information I share is for educational purposes only and shouldn't be considered as certified financial or legal advice. It is imperative you conduct your own research. I am sharing my opinion only.
102 episodes
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