Cost segregation can save you a lot of money on your investment properties through taxes. Today’s guest is an expert on this topic and shares what you need to know about cost segregation.

On today’s episode of Zen and the Art of Real Estate Investing, Jonathan interviews Erik Oliver, Vice President of National Accounts at Cost Segregation Authority. His company reclassifies assets, which then allows you to accelerate the depreciation. Using this strategy could save you a ton of money on taxes.

Jonathan and Erik explore cost segregation and who it benefits. You’ll hear Erik’s example of cost segregation for an office building, the importance of hiring an accountant specializing in this concept and real estate, and the audit considerations when you decide to do cost segregation. You’ll hear what Erik believes is the “must do” asset class for cost seg, the value of setting up a team to help mitigate your tax burden, and what Erik learned from his first disastrous rental property. Finally, Erik explains his involvement with micro apartments and opportunity zones as an answer to the affordable housing problem and the importance of cost segs in syndication investments.

Taxes can take a big bite out of your investment income, and cost segregation can make a big difference in your returns. Don’t miss Erik Oliver’s expertise in making the most of cost segregation.

In this episode, you will hear:

• What cost segregation is, and who needs it
• Erik Oliver’s example of cost segregation for an office building
• The importance of hiring an accountant who understands the concept of cost segregation and real estate
• Why cost segregation is way deeper than just the “stuff”
• Audit considerations when performing cost segregation
• The “must do” asset class for cost seg
• Setting up a team that can help you mitigate your tax burden
• Applying cost seg across multiple properties or in a house hacking scenario
• Erik’s first rental property, why it was a disaster, and what he learned from it
• Micro apartments and opportunity zones as an answer to the affordable housing problem
• The importance of cost segs in syndication investments

Follow and Review:

We’d love for you to follow us if you haven’t yet. Click that purple '+' in the top right corner of your Apple Podcasts app. We’d love it even more if you could drop a review or 5-star rating over on Apple Podcasts. Simply select “Ratings and Reviews” and “Write a Review” then a quick line with your favorite part of the episode. It only takes a second and it helps spread the word about the podcast.

If you enjoyed this episode, we've created a PDF that has all of the key information for you from the episode. Just go to the episode page at https://zenandtheartofrealestateinvesting.com/podcast/220/ to download it.

Supporting Resources:

Cost Segregation Authority - www.costsegauthority.com

CSA Partners on LinkedIn - www.linkedin.com/company/csapartners

Website - www.streamlined.properties

YouTube - www.youtube.com/c/JonathanGreeneRE/videos

Instagram - www.instagram.com/trustgreene

Instagram - www.instagram.com/streamlinedproperties

TikTok - www.tiktok.com/@trustgreene

Zillow - www.zillow.com/profile/StreamlinedReal

Bigger Pockets - www.biggerpockets.com/users/TrustGreene

Facebook - www.facebook.com/streamlinedproperties

Email - [email protected]

Episode Credits

If you like this podcast and are thinking of creating your own, consider talking to my producer, Emerald City Productions. They helped me grow and produce the podcast you are listening to right now. Find out more at https://emeraldcitypro.com Let them know we sent you.