How to Turn Depreciation into Cash Flow: The Power of Cost Segregation | 943

In this episode of The Inside BS Show, Dave Lorenzo interviews Lester Cook, a cost segregation expert and partner at KBKG, to uncover one of the most powerful — and underutilized — tax strategies available to real estate investors and property owners.

Cost segregation isn’t a loophole. It’s a legitimate, IRS-approved way to accelerate depreciation and save millions in taxes. Lester explains how his firm helps clients identify and reclassify building components for faster write-offs, turning a single property purchase into a massive tax-saving opportunity.

What You’ll Discover Today:

• What cost segregation really is and how it works
• Why property owners can write off up to 25% of a building’s value in the first year
• How to know if your property qualifies for a cost segregation study
• The difference between a good candidate (buy-and-hold investor) and a bad one (flippers)
• Why most CPAs partner with cost segregation experts instead of doing it themselves
• How KBKG helps both large corporations and small investors unlock tax savings
• How states like Illinois and California handle bonus depreciation differently
• How CPAs can collaborate with Lester’s firm to deliver more value to their clients

Key Takeaway:
Cost segregation is one of the smartest legal strategies for reducing tax liability and improving cash flow for anyone who owns or invests in real estate. If you’ve bought commercial or rental property in the past decade and haven’t done a cost segregation study, you may be leaving serious money on the table.

Connect with Lester Cook:
Website: www.KBKG.com

Email: [e-mail]

Phone: [phone]

Buy the 60 Second Sale Book:
https://www.amazon.com/60-Second-Sale-Ultimate-Relationships/dp/1119499763

About The Inside BS Show:
Hosted by Dave Lorenzo, The Inside BS Show gives you the inside business secrets behind how successful professionals grow profits, build relationships, and increase enterprise value.