Ep 001: 2022 Cost Segregation Overview Ft. Brian Bigham
Have you ever heard the term "Cost Segregation" but wonder what it actually means? In this episode of On The Move, we sit down with Brian Bigham with Madison SPECS to go over all the details and provide investors with valuable insights to be better prepared to make investment decisions.
Learn all the benefits of Cost Segregation and see how we were able to give investors over $18,000,000 in depreciation in 2021 alone.
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Interview Overview:
- What is cost segregation and why is it important?
- The process: walk through a typical assessment to lay out the typical level of effort
- What variables influence better results from a cost segregation exercise? - Why would multifamily benefit more compared to other types of real estate assets?
- Can you walk through what this may mean from a tax write off perspective for an owner or passive investor?
- What does this mean when the property is sold? Can you talk briefly to what depreciation recapture is and where the 1031 exchange offers that next step of deference?
- How often does the legislation change and what can we expect on the horizon as a result of new legislation?
- This is the last year you can receive 100% bonus depreciation, and this may seem obvious, but how much weight would you put on capitalizing on that as a property owner and passive investor?
- Seems important to take advantage of this, but is there ever a reason not to accelerate depreciation through a cost segregation study?
- Knowing what you know about the process and its importance, what questions would you ask as a passive investor prior to committing to an opportunity? What would you be looking for?
Learn more about investing in multifamily assets:
www.momentummultifamily.com
