What's Your Favorite Podcast?

Yona: What does success mean to you? Just helping other people. Success is not financial whatsoever, it's really how to give back. Yona: Most impactful book would have to be the seven habits that we mentioned earlier. The best way for people to get in touch with you who want to reach out and learn more about you can find me on Twitter or yonawhicet.com.

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Yonah Weiss does a deep dive on cost segregation. As business director at Madison SPECS, a national cost segregation leader, he’s assisted clients in saving hundreds of millions of dollars on taxes through cost segregation.

IN THIS EPISODE, YOU’LL LEARN:

00:00 - Intro

08:02 - What his early career was like as an educator.

09:32 - How he transitioned in his 30’s to real estate after his teaching career.

23:42 - Why fix and flips weren’t for him.

24:09 - Why he feels your network is your net worth.

37:49 - How he became an expert in cost segregation.

37:49 - What cost segregation is and the tax savings it can generate.

54:31 - How bonus depreciation works and how the IRS will treat it in the coming years.

56:40 - How he continues to give back and teach through social platforms and his podcast.

01:03:11 - What the most impactful book has been for him.

01:03:22 - How he views success.

And much, much more!

*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.

BOOKS AND RESOURCES

Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members.
Related episode: Listen to: REI120: Tax Strategies for Real Estate Investors w/ Amanda Han, or watch the video.
Weiss Advice Podcast.
Robert’s book The Everything Guide to House Hacking.
The 7 Habits of Highly Effective People by Stephen Covey.
Rich Dad Poor Dad by Robert Kiyosaki.
Richer, Wiser, Happier by William Green.

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