Some people associate property depreciation with income loss, but for Erik Oliver, it’s an opportunity we can take advantage of to offset tax and earn extra dollars legally. So tap into this episode and learn about cost segregation and ways to accelerate depreciation while increasing your cash flow!
Key Takeaways To Listen For
• Cost segregation vs. straight-line depreciation: What they are and how they work
• Best time frame to be eligible for bonus depreciation
• Asset classes where cost segregation and bonus depreciation are most effective
• How is cost segregation applied in single-family homes
• The importance of knowing your weaknesses and hiring experts to cover for them
Resources/Links Mentioned In This Episode
• https://podcasts.apple.com/us/podcast/ep06-tax-efficient-investing-dave-zook/id1649806320?i=1000583782250
About Erik Oliver
Erik Oliver is the vice president of Business Development of the Cost Segregation Authority. Before that, he worked as an operations manager for a multi-million dollar landscaping and design firm in Long Island, New York. He’s a passionate speaker at local and national events, helping real estate owners and operators identify cost segregation and its benefits.
Connect with Erik
• Website: https://costsegauthority.com/
• LinkedIn: https://www.linkedin.com/in/erik-oliver-b800657/
• Email: erik@costsegauthority.com
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