The Truth About Wealth

Essential Tax Strategies for Real Estate Investors with Vanessa Wallace Clunies (Ep. 131)


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Are you aware of the tax savings opportunities you’re missing by not employing cost segregation in your real estate investments? 

Get ready to uncover the untapped potential of tax method changes that could revolutionize your approach to wealth management!

This week, Michael Parise and guest Vanessa Wallace Clunies from Tax Method Experts guide you through the complexities of cost segregation and tangible property regulations. 

Tune in and discover how these can not only save you taxes but also ensure regulatory compliance!

Key talking points include: 

  • The importance of cost segregation for accelerated depreciation benefits
  • Why tangible property regulations are mandatory and crucial for compliance; finding out if you’re at risk
  • How tax method changes can provide substantial deductions and reduce your tax liabilities
  • The importance of partnering with specialists to navigate complex tax codes effectively
  • And more!
  • Connect with Vanessa Wallace Clunies:

    • LinkedIn: Vanessa Wallace Clunies
    • Tax Method Experts
    • Connect with John and Michael Parise:

      • 856-988-8300
      • Copper Beech Financial Group
      • LinkedIn: John Parise 
      • LinkedIn: Michael Parise 
      • LinkedIn: Copper Beech Financial Group, LLC
      • Facebook: Copper Beech Financial Group, LLC
      • About Our Guest: 

        Vanessa Wallace Clunies is the CFO and COO of Tangible Property Tax Methods, LLC, a tax method change firm specializing in Tangible Property Regulation (TPR) compliance, method changes for large service providers, and cost segregation. She is an associate of the ASCSP and has over 9 years of experience in Tangible Property Regulations compliance and the preparation of thousands of IRS Form 3115 Change in Method of Accounting. 

        Vanessa supervises all of the engineers of TPTM who perform the detailed work to support the entity’s cost segregation reports, in addition to providing the tax insights that are key in this real estate profession. 

        Working closely with her father and the country’s expert on the TPRs, Eric P. Wallace, CPA, this dynamic duo has found to date over $300M in deductions for clients. She has analyzed over 1,000 depreciation schedules and has created corresponding tax deduction schedules with various permitted IRS automatic and non-automatic method change designated changes. 

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