The Gentle Art of Crushing It! EP 234: Unlock Tax Savings with Cost Segregation: Sean Graham Offers Exclusive Discount for Listeners
Sean is the founder of Maven Cost Seg. As a real estate investor and a registered CPA, Sean understands the tax benefits of cost segregation studies.
Sean started his real estate journey by investing in small multi-family properties before launching a commercial real estate syndication company, Maven Equities.
Sean continues to manage his own portfolio of residential rental properties while also investing in and developing self-storage facilities. Sean is a registered CPA with a background in public accounting, tax, and private equity.
Go to http://www.mavencostseg.com/randy to get 10% off your cost segregation study from Maven Cost Seg or mention the Gentle Art of Crushing It podcast if you reach out to Sean directly.
Chapters
00:00 Introduction and Market Overview
06:00 The Mechanics of Cost Segregation Studies
12:03 Cost Segregation Process Explained
17:58 Cost Segregation Costs and Considerations
23:51 Final Thoughts and Advice
29:03 Leveraging Short-Term Rentals for Tax Benefits
35:28 Navigating Cost Segregation and Tax Professionals
43:50 Personal Insights and Future Aspirations
RANDY SMITH
Connect with our host, Randy Smith, for more educational content or to discuss investment opportunities in the real estate syndication space at www.impactequity.net, https://www.linkedin.com/in/randallsmith or on Instagram at @randysmithinvestor
Summary
In this episode of the Gentle Art of Crushing It podcast, host Randy Smith welcomes back Sean Graham, founder of Maven Cost Seg and Maven Equities. They discuss the current market conditions for passive investors, the intricacies of cost segregation studies, and the potential tax benefits associated with real estate investments. Sean explains how cost segregation can accelerate depreciation, allowing investors to reduce their taxable income significantly. The conversation also covers the process of conducting a cost segregation study, the costs involved, and the implications of tax recapture. Overall, the episode provides valuable insights for both new and experienced investors looking to optimize their tax strategies in real estate. In this conversation, Sean Graham and Randy Smith delve into the intricacies of real estate investing, focusing on tax strategies, depreciation, and the benefits of short-term rentals. They discuss how to leverage passive losses, the importance of working with knowledgeable tax professionals, and provide valuable insights for new investors. The discussion also touches on personal experiences and recommendations for educational resources in the realm of passive investing.