Welcome back to The Multifamily Artists Podcast! In this episode, we bring back Yonah Weiss, Business Director at Madison SPECS, a national Cost Segregation leader, and the Cost Segregation King! Yonah is a powerhouse with property owners' tax savings. He has assisted clients in saving tens of millions of dollars on taxes through cost segregation, and that’s just him, not even Madison SPECS as a whole. He has a background in teaching and a passion for real estate and helping others. He’s a real estate investor and host of the top podcast Weiss Advice. 

In this episode, Yonah gives us a detailed breakdown of Cost Segregation. He talks about feasibility analysis, how it’s done, and how long it usually takes. Yonah will also tell us about the documents required to conduct a cost segregation study. Join us as we dive deeper into the specifics of Cost Segregation. Listen in!

[00:01 – 01:34] Opening Segment

• I welcome back Yonah to the show
• Today’s topic

[01:35 – 16:01] Diving Deeper into Cost Segregation

• Yonah talks about feasibility analysis
• What is highlighted in the document
• Structural components
• Timeline of a cost segregation study
• How long it takes
• Required documents for a cost segregation study
• Making sure that everything is accurate
• Appraisal and site survey
• Rare cases when it’s difficult to conduct the study
• How the needed information is gathered
• Discussing with CPAs

[16:02 – 18:21] Closing Segment

• How you can learn more about cost segregation
• How you can connect with Yonah

Tweetable Quotes:

“Our simple, high-level overview of analysis will show you what percentage we're projecting can be accelerated to those faster depreciation schedules. Then, what your actual tax deduction is going to be over those first few years, then what your tax benefit is going to come from that.” - Yonah Weiss

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Socials and Links

Connect with Yonah on LinkedIn and Instagram!

Check out Yonah’s website!

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