180. Taking Advantage of Taxes in Self Storage | Leveraging Depreciation w/ Yonah Weiss

Welcome back to Self Storage Income! Today we're answering some of our most asked questions about TAX. Specifically, how does self storage benefit from the US Tax Code? 

We've invited Yonah Weiss back on the podcast for this episode. He is a cost segregation expert and has saved millions of dollars in taxes for his investors. The last time he was on, we focused on his backstory and cost segregation specifically (you should check out episode #77 from Dec. 2020).

But today, we talk with him specifically about accelerated depreciation - and how you can use it to write off the depreciation of your property in the FIRST YEAR, effectively saving a small fortune in property tax. 

Learn more about Yonah: https://www.yonahweiss.com/ 

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Join Copper Storage Management + Live Oak Bank for a discussion about self-storage remote 3rd-party management, financing and more! Mark your calendars for Nov. 17th at 2PM EST. Register now: https://us06web.zoom.us/meeting/register/tZ0tceGvrDsjHtKGAsfwMJfcgG2KKospDdyw 

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Tenant Inc. - https://www.tenantinc.com/

Janus International - https://www.janusintl.com/

Want to invest in storage without dealing with the day-to-day operations and management? Learn more about our syndication company Cedar Creek here:

https://www.cedarcreekwealth.com/