30 | Cost Segregation and Networking Strategies and More with Yonah Weiss

Yonah Weiss is a powerhouse with property owners' tax savings. As Business Director at Madison SPECS, a national cost segregation leader, he has assisted clients in saving tens of millions of dollars on taxes through cost segregation. He has a background in teaching and a passion for real estate and helping others. He’s a real estate investor and host of the top podcast Weiss Advice.

Let’s tune in to his story!

[00:01 - 08:27] Opening Segment

Fortune Cribs helps investors buy short-term rentals and select markets across the country for as little as 10% down with no cash on cash returns in the 20-30% range. They will design furnish and manage all your day-to-day operations, making your experience truly hands-off. If you want to take the next step in growing your real estate investing business, go to FortuneCribs.com and book your free consultation now!
Let’s welcome our powerhouse guest, Yonah Weiss
Yonah tells the story of the time he wanted more than his teaching career
Yonah’s story with Madison SPECS

[08:28 - 19:54] Cost Segregation and Cost Segregation Strategies

Addressing the cost segregation knowledge gap
The relationship between cost segregation, tax, and depreciation
How to Maximize Your Cost Segregation Benefits
Cost Segregation Study with Yonah
How Cost Segregation Optimizes Your Investments
- Tax Cuts and Jobs Act

[19:55 - 26:55] Depreciation Recapture

Yonah explains Depreciation Recapture
Depreciation Recapture Strategies
The Future of Depreciation

[26:56 - 33:20] The Legacy Round

Yonah shares his networking expertise
- Social Media for a Reason
- Building a brand
- Check out the Weiss Advice podcast
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[33:21 - 37:51] Slice of Knowledge

Yonah’s Last Words
- “Live your life to its fullest by giving to others.”
One Slice of Wisdom
- “Leverage your network,”
Real Estate Multifamily Vocabulary
- Cost segregation
- Internal Rate of Return
- Markets

Books and Masterminds to Try

Connect with Yonah through his website and Linkedin.

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Tweetable Quotes

“Cost segregation is a tax strategy that helps real estate investors or owners pay less income tax.” - Yonah Weiss

“Any type of property can benefit from cost segregation.” - Yonah Weiss

“Networking is not about trying to do business, necessarily. It's not about trying to sell your product or your service. It's about meeting people and making those connections and developing those relationships over time.” - Yonah Weiss

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