Yonah is a powerhouse with property owners' tax savings. As Business Director at Madison SPECS, a national Cost Segregation leader, he has assisted clients in saving tens of millions of dollars on taxes through cost segregation. He has a background in teaching and a passion for real estate and helping others. He’s a real estate investor and host of the new podcast Weiss Advice.
In this episode of Skyline Views, Yonah and I talk about cost segregation, best practices, and tax strategies for scaling your investment business and taking it to the next level.
Yonah’s background (0:42)
Cost Segregation basics (1:33)
Best practices entering into a large investment (2:50)
The role picking your market plays (4:28)
Markets that Yonah likes right now (6:43)
Changes in tax strategy as you grow and scale (8:08)
Scoping out the tax savings landscape during due diligence (13:02)
Questions to ask your specialist team members going into an investment (14:35)
Transparency in a deal (16:37)
Resources:
Yonah’s Website – https://www.yonahweiss.com/
Yonah’s LinkedIn – https://www.linkedin.com/in/cost-segregation-yonah-weiss/
Bigger Pockets – https://www.biggerpockets.com/
Hands Off Investor – https://www.amazon.com/Hands-Off-Investor-Insiders-Investing-Syndications/dp/1947200275
Crushing It in Commercial Real Estate – https://www.amazon.com/Crushing-Apartments-Commercial-Real-Estate/dp/0998381624/
Is your real estate portfolio running like a well-oiled machine? Do you know how you stack up? Find helpful resources here – http://mrcdmills.com/resources/
Learn more about The Haney Company here – https://www.thehaneycompany.com/
Know any new parents? Order them a copy of Legacy 101 here – https://www.amazon.com/Legacy-101-Practical-Christopher-Mills/dp/0692684050
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