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73: Save Big Tax $ with DIY Cost Segregation

73: Save Big Tax $ with DIY Cost Segregation

FromThe Short Term Rental Profits Show


73: Save Big Tax $ with DIY Cost Segregation

FromThe Short Term Rental Profits Show

ratings:
Length:
23 minutes
Released:
Apr 14, 2022
Format:
Podcast episode

Description

Jason Hartman is joined by cost segregation specialists AJ and Randy Lyons, who’ve created DIY Cost Segregation to help you accelerate the depreciation on your residential rental properties and decrease your tax burden! Income property is the most tax favored asset class in America and the IRS has allowed people to depreciate a property over a 27.5 year schedule for fantastic tax savings. And the beauty of this tax deduction is it's a non cash or phantom write off, so check it out at DIYCostSeg.com! SAVE $50 on residential studies and $100 on commercial studies! Use Jason’s discount code “Jason” on DIYCostSeg.com! Watch the video HERE. 1:15 What is cost segregation? 2:57 Cost segregation allows you to take components of the house and depreciate them faster 3:32 Which components have shorter depreciation schedules? 4:54 Sample report from DIY Cost Seg 7:52 Factoring in date of property purchase 10:30 Commercial vs residential properties 11:21 Breakdown of structural components into depreciation schedule 13:50 New IRS guidelines, case laws and the master depreciation guide 14:36 How does this apply to retiring assets? 16:46 Benefits of cost segregation 19:48 Cost of DIY Cost Seg Save $50 on residential studies and $100 on commercial studies! Use Jason’s discount code “Jason” on DIYCostSeg.com! The WEALTH TRANSFER is happening FAST! Protect your financial future now! Did you know that 25% to 40% of all dollars ever created were dumped into the economy last year???  This will be devastating to some and an opportunity to others, be sure you’re on the right side of this massive wealth transfer. Learn from our experiences, maximize your ROI and avoid regrets. Watch, subscribe and comment on Jason’s videos on his official YouTube channel: YouTube.com/c/JasonHartmanRealEstate/videos Free Mini-Book on Pandemic Investing: PandemicInvesting.com Jason’s TV Clips: Vimeo.com/549444172  CYA Protect Your Assets, Save Taxes & Estate Planning: JasonHartman.com/Protect What do Jason’s clients say?: JasonHartmanTestimonials.com Free Class:  Easily get up to $250,000 in funding for real estate, business or anything else:  JasonHartman.com/Fund Call our Investment Counselors at: 1-800-HARTMAN (US) or visit JasonHartman.com Free white paper on the Hartman Comparison Index™  Guided Visualization for Investors: JasonHartman.com/visualization Jason’s videos in his other sites: JasonHartman.com/Rumble JasonHartman.com/Bitchute JasonHartman.com/Odysee
Released:
Apr 14, 2022
Format:
Podcast episode

Titles in the series (79)

Navigate the rapid rise of short term real estate investment properties with the SHORT TERM RENTAL PROFITS podcast. Airbnb and VRBO have created new opportunities for savvy income property investors to increase cash flow and maximize ROI. Listen to SHORT TERM RENTAL PROFITS and learn how to identify the best markets to invest in as each city offers unique ratios of risk and profitability. Learn how property managers can simplify the experience for investors and how you can leverage dynamic pricing to maximize revenues as seasonal demand varies throughout the year. Listen and learn how to market and advertise your property using the latest tools and learn the key differences between short term rental and residential rental strategies. Do you want to increase positive cash flow today while tapping into the short term rental market of tomorrow? Listen to the SHORT TERM RENTAL PROFITS podcast and learn key tips on how to select, purchase, and market your property. Your family’s financial freedom is just one podcast away, listen to SHORT TERM RENTAL PROFITS today.