Are you looking for ways to maximize your tax benefits? There's an often-overlooked tax tool that can save you thousands of dollars. It can help businesses and individuals who have built, bought, upgraded, or expanded real estate investments accelerate depreciation deductions and defer state and federal income taxes. But you must work with knowledgeable and experienced tax consultants who can help you decide if conducting a cost segregation study on your residential rental property or commercial real estate is worth doing. Lucky for you, Russ and Joey are interviewing Geraldine Serrano, a Specialty Tax Consultant at Veritax Advisors, to explain this tool and how it works. Let's dive in!
Top 3 Things You’ll Learn:
- What is cost segregation analysis, and why should you use it?
- The type of properties that qualify for cost segregation analysis
- When is the best time to do a cost segregation analysis?
About Our Guest:
Geraldine Serrano is a Specialty Tax Consultant at Veritax Advisors. She helps real estate owners, tenants, and CPAs use a strategic tax planning tool that allows companies and individuals who have constructed, purchased, expanded, or remodeled any real estate to increase cash flow by accelerating depreciation deductions and deferring federal and state income taxes.
Connect with Geraldine Serrano:
Inner Circle LIVE 2023: August 25-27, 2023
https://go.wealthwithoutwallstreet.com/innercirclelive-2
Promo Code: PODCAST
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