Anderson Business Advisors Podcast
Anderson Business Advisors Podcast
Cost Segregation Techniques You Should Apply
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Cost segregation is one of the best tax strategies for anybody in real estate investing, such as short-term rentals, to create losses that offset active and passive income. Find out how to keep your taxes as low as possible.

Today, Clint Coons of Anderson Business Advisors talks to Erik Oliver, Managing Director of Cost Segregation Authority. Erik shares cost segregation techniques that you should apply on your properties to reduce your income taxes.

Also, Erik speaks at local, regional, and national events. He brings with him a passion for identifying cost savings and educating commercial real estate owners on the benefits of cost segregation. Prior to joining the Cost Segregation Authority, Erik was an operations manager for a multi-million-dollar landscaping and design firm in Long Island, NY.

Highlights/Topics:

  • What is cost segregation? Accelerated depreciation of property assets
  • How does cost segregation work? Get cost seg study done to get deductions sooner
  • Past vs. Present: Cost seg was only for commercial properties, now includes residential
  • Bonus Depreciation: Benefits are bigger, fees are less for cost seg study of properties
  • Missed Depreciation: Fix asset depreciation w/ cost seg study, w/out amending returns
  • Why not do a cost segregation study? Passive loss issue or huge carry forward
  • What about inflation? No other reason to wait, get deductions sooner than later
  • Partial Asset Disposition: If assets are disposed of early, write-off book value as expense

Resources

Request a FREE Cost Segregation Benefit Analysis

Cost Segregation Authority

Cost Segregation Services

Cost Segregation Study

Erik Oliver’s Email

Erik Oliver’s Phone: 602-568-0032

Tax Cuts and Jobs Act (TCJA)

Capital Gains and Losses

Clint Coons

Anderson Advisors

Full Episode Transcript:

Clint: Hey, what’s up, guys? It’s Clint Coons here. In this video, what I want to cover is cost segregation. Maybe you heard me talk about it in many of my videos. It’s one of the best tax strategies for anybody that’s in real estate investing, short-term rentals. If you want to create losses and use those losses to offset active income, passive income, there are strategies that are available to you if you take advantage of this unique aspect of owning real estate. There are a lot of people out there that talk about it, but there are a few people that I know that actually do it and do it really well.

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