Peak Profits - The Art Of Passive Investing Through Real Estate
Welcome to the Peak Profits Podcast, your ultimate guide to mastering the art of passive investing through Real Estate. Hosted by Seven Peak Capital, this podcast is dedicated to educating and inspiring both new and experienced investors through engaging discussions, expert interviews, and personal stories.
What to Expect:
- Expert Insights: Tune in for interviews with industry leaders, including general partners, lenders, passive investors, and many more who are making significant impacts in the real estate market. Gain invaluable knowledge from those who have successfully navigated the complexities of multifamily investing.
- Diverse Topics: Each episode delves into a variety of subjects crucial to real estate investing, such as multifamily investment strategies, financing, market analysis, portfolio diversification, and tax benefits. Learn from both the triumphs and challenges faced by our guests to better inform your own investment decisions.
- Personal Journeys: Bryan and Chris share their own transition from careers in sales to becoming successful real estate investors. Their stories provide a relatable and motivational backdrop for listeners looking to embark on a similar path.
- Educational Focus: The podcast emphasizes continuous learning and growth. Whether you're interested in active or passive investing, you'll find valuable content tailored to help you understand the intricacies of real estate deals, financing options, and investment strategies.
- Community Engagement: Peak Profits is more than just a podcast; it's a community. The hosts encourage listeners from the real estate and investing industry to join them as guests, share their stories, and contribute to the collective knowledge pool.
Listen to Peak Profits Podcast - where your journey to successful multifamily real estate investing begins!
Peak Profits - The Art Of Passive Investing Through Real Estate
Unlocking Tax Savings in Real Estate with Cost Segregation: Erik Oliver
In this conversation, Eric Oliver discusses the intricacies of cost segregation and its benefits for real estate investors. He explains how cost segregation allows for accelerated depreciation, enabling property owners to maximize tax deductions. The discussion covers the timing of cost segregation studies, the relationship between depreciation and taxes, and the differences between active and passive income. Eric also highlights the significance of bonus depreciation and how it can enhance tax savings for investors. Overall, the conversation provides valuable insights into leveraging cost segregation for financial benefits in real estate investments. In this conversation, Erik Oliver discusses the intricacies of cost segregation and accelerated depreciation, explaining how these tax strategies can significantly benefit real estate investors. He addresses common misconceptions about depreciation recapture, outlines the process of conducting a cost segregation study, and shares real-world success stories, particularly highlighting unique asset classes like car washes. The discussion emphasizes the importance of understanding these financial tools to maximize tax savings and investment returns.
Chapters
00:00
Introduction to Cost Segregation
03:06
Understanding Cost Segregation
05:55
Timing for Cost Segregation Studies
08:56
Depreciation and Its Tax Benefits
12:00
Active vs Passive Income in Real Estate
17:56
Leveraging Cost Segregation for Tax Savings
20:59
Bonus Depreciation Explained
27:11
Practical Applications and Strategies
28:19
Understanding Accelerated Depreciation and Its Benefits
29:49
Demystifying Depreciation Recapture
35:40
The Cost Segregation Process Explained
41:21
Real-World Applications and Success Stories
46:40
Leveraging Cost Segregation for Past Properties
Takeaways
- Cost segregation allows for accelerated depreciation on real estate assets.
- Depreciation is a non-cash expense that reduces taxable income.
- Cost segregation studies can be performed at any point during property ownership.
- Investors can strategically choose when to utilize cost segregation deductions.
- Passive income can only be offset by passive deductions, and vice versa.
- Bonus depreciation allows for significant first-year tax deductions.
- The IRS allows carry forward of unused deductions indefinitely.
- Investors can offset capital gains with carry forward losses from cost segregation.
- Understanding tax code changes can unlock new opportunities for deductions.
- Engaging with a tax preparer is crucial for maximizing tax benefits. Accelerated depreciation allows for significant tax savings in the first year.
- Depreciation recapture is not as daunting as it seems; it can be managed effectively.
- Cost segregation studies can be done at any time, even for properties owned for years.
- The process of cost segregation involves a detailed analysis and site visit.
- Investors can save substantial amounts by understanding the value of their assets.
- Unique asset classes like car washes can yield high depreciation benefits.
- The cost of a segregation study is often outweighed by the tax savings it generates.
- A thorough benefit analysis is crucial before engaging in a cost segregation study.
- Investors should consult with tax preparers to maximize their deductions.
- The IRS allows for missed depreciation to be claimed in the current tax year without amending past returns.
Connect with Erik Oliver
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