
Sachs Realty Podcast - Real Estate, Economics and More
Real Estate Cost Segregation; Depreciating Rental Properties
Depending on your type of real estate investment, the actual structure can be depreciated over 27 ½ or 39 years. Cost Segregation is the process of identifying the property's related costs, where such costs may be depreciated over an accelerated period of 5, 7 and 15 years.
This process can save you thousands of dollars of potential tax liability on your taxable income. Many of the items that qualify for accelerated depreciation, simply won't last for 27 ½ or 39 years, such as kitchen cabinets, carpeting, appliances, etc.
At Sachs Realty, we are not Attorneys or CPA's and this episode is simply for informational purposes only and reflects only opinions. Please seek competent legal and tax advise prior to making any decisions.
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Watch this episode on YouTube: https://youtu.be/08QhpYIZqsA