
Real Estate Underground What is Cost Segregation and Bonus Depreciation in Real Estate, with Erik Oliver
Welcome To The Real Estate Underground Show #52!
Erik Oliver holds a Bachelor of Applied Science in Accounting from Westminster College. Before joining Cost Segregation Authority, Erik was an Operations Manager for a multi-million dollar landscaping and design firm in Long Island, NY. Since heading west and joining Cost Segregation Authority, Erik has been speaking at local, regional, and national events. He is passionate about identifying cost savings and educating commercial real estate owners on the benefits of cost segregation.
What you’ll learn about in this episode:
- Understand the concept of cost segregation and how it accelerates depreciation for real estate investors.
- Discover how the Tax Cuts and Jobs Act of 2017/2018 made cost segregation more beneficial to all investors, even for single-family rental properties.
- Learn why it is essential for building owners to hire professionals knowledgeable in construction and tax law to maximize results.
- Explore the process of a cost segregation study for 2022 taxes, including an initial benefit analysis and a site visit.
- Determine the optimal timing to engage in new construction projects, whether during the construction phase or when the project is completed.
Resources:
- Website: www.costsegauthority.com
- Email: erik@costsegauthority.com
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Additional Resources:
- Clark St Capital: https://www.clarkst.com
- Clark St Digital: https://www.clarkstdigital.com
- Podcast: https://bit.ly/3LzZdDx
Find Us On Social Media:
- YouTube: https://www.youtube.com/@clarkstinvestorsacademy
- LinkedIn: https://www.linkedin.com/company/clark-st-capital
