Multifamily Real Estate Investing - Cost Segregation Walkthrough on a 276-Unit (HUGE Tax Savings)

Last week, we interviewed cost segregation study king, Yonah Weiss from Madison Specs. Yonah walked us through the massive tax savings behind cost segregation studies and why every commercial and large multifamily investor should take advantage of them. Now, he’s literally walking us through the cost segregation details on Terrance’s new 276-unit apartment complex in Arvada, Colorado. Yonah helps detail which parts of the property will be depreciated on a five-year, fifteen-year, and twenty-seven and a half-year timeline. This allows new owners to come into a newly purchased property and immediately pull apart the most tax savings possible, even if they’ve bought none of the furniture, appliances, or upgrades themselves. Yonah also walks through bonus depreciation and why you should take advantage of it now. You don’t need to have a 276-unit building to save huge amounts on taxes, you just need a great tax segregation expert like Yonah at your side! ~~~~ Join BiggerPockets for FREE 👇 https://www.biggerpockets.com/signup ~~~~ Check out The Full Interview with Yonah: https://youtu.be/TfAvUdNm1u8 ~~~~ Connect with Yonah for Your Next Cost Seg: Websites: https://www.yonahweiss.com/ & https://www.madisonspecs.com/ LinkedIn: https://www.linkedin.com/in/cost-segregation-yonah-weiss/ ~~~~ Get in Contact with Chaim Weiser: https://www.linkedin.com/in/chaim-weiser-06a30a51/ ~~~~ Can a Cost Segregation Study Help You Lower Your Taxes? https://www.biggerpockets.com/blog/cost-segregation-real-estate ~~~~ Understanding Rental Property Depreciation: https://www.biggerpockets.com/blog/beginners-guide-depreciating-investment ~~~~ Connect with Terrance: Instagram: @terrancedoyle or https://www.instagram.com/terrancedoyle/ BiggerPockets: https://www.biggerpockets.com/users/terrancedoyle LinkedIn: https://www.linkedin.com/in/tjdoylemathew633/ Connect with Chris: Instagram: @chrislopez_co or https://www.instagram.com/chrislopez_co/ BiggerPockets: https://www.biggerpockets.com/users/chlopez LinkedIn: https://www.linkedin.com/in/christaylorlopez/ 00:00 Terrance's New 276-Unit Building! 02:31 Interior Cost Segregation 05:35 How to Value Specific Items 12:49 Exterior Cost Segregation 16:42 Bonus Depreciation! 20:03 Touring the Leasing Office 22:28 Downsides of Cost Segregations 23:45 Yonah's Cost Seg Tips