Episode 78: Increasing Cashflow and Decreasing Taxes: The Power of Cost Segregation in Commercial Real Estate

In this episode, I had the honor to interview renowned cost segregation expert Mark Gross. Mark serves as the National Account Executive at Cost Segregation Services Inc and has played a pivotal role in saving billions of dollars in taxes across the nation. We discuss the power of cost segregation in commercial real estate and how it can increase cash flow and decrease taxes for investors. Mark also explains the benefits of doing a cost segregation study and how it provides an alternative to straight-line depreciation. The study identifies components within a property that can be depreciated faster, offering valuable insights for investors.

Don't miss this informative conversation to learn more about the value of cost segregation in maximizing returns in real estate investments.


Enjoy this episode on your favorite podcast platform

✅ Apple →  https://podcasts.apple.com/gb/podcast/increasing-cashflow-and-decreasing-taxes-the-power/id1625806145?i=1000633581628
✅ Youtube → https://youtu.be/tM-xrMnl9lI


Let’s Stay Connected

✅ LinkedIn →  https://www.linkedin.com/in/hannes-hennche/

Connect with Mark Gross

✅ LinkedIn → https://www.linkedin.com/in/jmarkgross/
✅ Website → https://[email protected]/


Time Stamps

[00:02:21] How cost segregation benefits investors.
[00:04:25] Extending bonus depreciation.
[00:09:05] Contacting before property completion.
[00:12:05] International properties and cost segregation.
[00:19:04] Misrepresentation of tax benefits.
[00:23:14] Rental properties and real estate professional.
[00:25:43] Hold period and recapture tax.
[00:29:57] Airbnb properties and land ownership.
[00:34:06] Creative financing options.

Quotes

"So rather than paying income on your $100,000, you would pay nothing."

"Cost segregation isn't going to make a bad deal good. It's going to make a good deal better."

"And of the tens of thousands of studies we've done, we've never had a study overturned."

"This is all based on what's in the IRS tax code."

 "The gold standard is if you're a real estate professional or have a spouse that's a real estate professional, the deductions can not only go against the gains within that property, but also go ahead and offset your W-2 income."

 "Once you get into the nuances, once you learn the ropes, once you speak with experts like yourself, once you build yourself a successful team, you know, that includes somebody who is a professional cost segregation and lawyers and, and other professionals around yourself who were really focused on multifamily syndications."

" I think data is pointing to more pain in the markets."

#thepathtowellth #realestate #realestateinvesting #realestateinvestor #multifamilysyndication #passiveinvesting #costsegregation