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Creative Capital

Creative Capital Podcast 276: Next Level Tax Savings for Investors Through Cost Segregation with Joseph Viery

Creative Capital

Josh Ferrari

Investing, Business

51.1K Ratings

🗓️ 23 June 2023

⏱️ 57 minutes

🧾️ Download transcript

Summary

This week Josh is joined by Joseph Viery and they are chatting all about cost segregation! They discuss the major differentiating factor between cost segregation and bonus depreciation. They also talk about when you should and shouldn't use a cost seg, things to look out for when searching for a company to complete their cost seg study and more!
How to connect with Joseph:
How to connect with Josh:
Ferrari Capital - https://ferraricapital.com/

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Transcript

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0:00.0

You're listening to the Creative Capital Podcast.

0:08.2

You're dying to learn about how you can create wealth and real estate investing, then you

0:11.6

come to the right place.

0:13.8

Join in every week as we go over the ends and outs of real estate investing and learn

0:18.3

how you too can become financially free.

0:24.1

Get a plan on holding a property for at least a year and a half, then it's probably not

0:28.2

worth going through the pain because you are going to have to pay some depreciation

0:31.6

recapture.

0:32.6

By the time the desk settles, is it really worth it to go through all of the, everything

0:38.3

involved in cost tag?

0:39.4

It's probably not.

0:40.8

So I will tell the flipper out there, if you're a flipper and you're planning on selling

0:45.9

the property within a year and a half, don't do cost tag.

0:49.1

I will tell you right now, I don't want your business because I don't think the numbers

0:52.6

make sense.

0:54.6

What's going on, everybody?

0:56.2

This is Josh Ferrari, host of the Creative Capital Podcast.

1:02.3

Excited to be with our guest today because one, he's pretty funny.

1:09.6

But two, we actually cover a very interesting topic.

1:16.6

Now for those of you out there that already know what cost segregation is, you feel like

1:21.4

you already have all the answers, you probably didn't even want to listen to this episode

1:25.5

in the first place.

...

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