Keep What You Earn

How to Use Cost Segregation for Real Estate Tax Savings with Sean Lichterman


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Get Ready to unlock the power of real estate investing and save big on taxes.

The game-changer known as Cost Segregation is like equipping your commercial property investments with a turbocharged engine, propelling your deductions to new heights.

 

Don't let your hard-earned dollars gather dust in the IRS vault. Instead, seize the power of Cost Segregation and reduce your tax liability. It's time to dominate the game of wealth creation and conquer the world of CRE investing!

 

Get Ready to unlock the power of real estate investing and save big on taxes.

 

The game-changer known as Cost Segregation is like equipping your commercial property investments with a turbocharged engine, propelling your deductions to new heights.

 

Think of it as a strategic tax playbook that dissects your property into its finest components. You'll fast-track your write-offs and keep more money in your pocket by identifying shorter depreciation schedules for items like flooring, fixtures, countertops, and much more. Plus BONUS Depreciation!!!

 

Don't let your hard-earned dollars gather dust in the IRS vault. Instead, seize the power of Cost Segregation and reduce your tax liability. It's time to dominate the game of wealth creation and conquer the world of CRE investing!

 

Now, let's switch gears from numbers to fun! When I'm not crunching tax figures, you'll find me cherishing precious moments with my awesome family, hunting down the perfect slice of pizza (seriously, it's an obsession!), or riding the waves on my wakeboard.

 

Connect with Sean:

https://everythingcostsegregation.godaddysites.com/

LinkedIn

 

What you'll hear in this episode:

[0:50] Who is Sean and what does he specialize in?

[2:28] What is cost segregation?

[3:50] How to use cost segregation to maximize tax savings.

[5:58] Who is the best candidate for utilizing cost segregation?

[13:17] Cost segregation and W-2 income.

[22:01] Is cost segregation retroactive or do you have to utilize this tax savings when you first purchase property?

[25:37] How to leverage cost segregation to build generational wealth.

 

If you like this episode, check out:

Protecting Your Legacy Through Estate Planning with Clara Delgado Rossell

Positioning Yourself Well for a Tax Strategist with Grant Dougherty

How Do I Know if I Need to Collect and Pay Sales Tax?

 

Want to learn more so you can earn more?

Tax Deduction Guide: https://www.keepwhatyouearn.com/tax-deduction-guide

Visit keepwhatyouearn.com to dive deeper on our episodes

Visit keepwhatyouearncfo.com to work with Shannon and her team

Watch this episode and more here: https://www.youtube.com/channel/UCMlIuZsrllp1Uc_MlhriLvQ

Connect with Shannon on IG: https://www.instagram.com/shannonkweinstein/

 

The information contained in this podcast is intended for educational purposes only and is not individual tax advice. Please consult a qualified professional before implementing anything you learn.

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Keep What You EarnBy Shannon Weinstein

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