180. Taking Advantage of Taxes in Self Storage | Leveraging Depreciation w/ Yonah Weiss
Self Storage Income
00:00
How Much Does $200 a Door Investment Really Cost?
We viewed as it was like a 200, excuse me, $200 a door investment. Well, when we came and talked to you guys a few years ago, and we're like, well, how does this affect on the depreciation side? Well, it was depreciated way higher. So all of a sudden, then we could explain to investors, yes, this is a $200 cost, but we are more effective on the asset. We have technology that'll help us compete. And the actual $200 cost is disproportionate on the return, not just because the upside, but because of what we get a write off. When we showed them the breakout, it was like, oh
Play episode from 24:31
Transcript
