Cost Segregation Made Simple with Yonah Weiss Artwork

Multifamily Investing Made Simple

Join us each week as Anthony Vicino and Dan Krueger of Invictus Capital take the complexity out of multifamily investing so you can start taking action today.Every episode of Multifamily Investing Made Simple is designed to provide passive and active investors alike with the knowledge, confidence, and competence to get out there, make deals, and achieve financial freedom through the powerful investment vehicle of multifamily real estate.Whether we're breaking down seemingly complex real estate concepts, interviewing titans of the industry to learn from their successes and failures, or just offering plain old bad investing advice, you're sure to learn something (and have some fun in the process)!.

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Multifamily Investing Made Simple

Cost Segregation Made Simple with Yonah Weiss

November 10, 2020 • Anthony Vicino and Dan Krueger • Episode 35

Today’s guest is a LinkedIn rock star, a celebrity in the real estate world, and a powerhouse in property tax savings. As Business Director at Madison SPECS and as a national cost segregation leader, he has assisted clients in saving tens of millions of dollars in tax savings. He has a background in teaching and a passion for real estate and helping others.

Let’s welcome our guest, Yonah Weiss: Cost Segregation Made Simple.

[00:01 – 08:26] Opening Segment

We introduce and welcome our guest, Yonah Weiss
Yonah talks about cost segregation

[08:27 – 26:15] Is Cost Segregation Exploiting the System?

Yonah walks us through the process of introducing cost segregation to an active investor
He talks about the government incentivizing real estate investors with tax advantages
Yonah shares a story about treating tenants as customers
He talks about how he got involved in cost segregation
- Can cost segregation be done by one person?

[26:16 – 40:00] Prepare Yourself First Before Jumping

Yonah shares some secrets about choosing the right people to work with
He also shares some tips to connect with somebody you meet for the first time
Yonah shares the worst piece of investing advice he heard

[40:01 – 43:25] Closing Segment

Yonah’s book recommendations:
Connect with Yonah online! See the links below.
Final thoughts

Tweetable Quotes:

“Housing is an essential part of the economy.” – Yonah Weiss

“You can add so much value just by making connections” – Yonah Weiss

“Failure is part of the process, but you can avoid a lot of that failure by learning and studying and apprenticing other people who are doing it.” – Yonah Weiss

Resources Mentioned:

Connect with Yonah on LinkedIn, Facebook, Instagram, and YouTube. Check out his website and listen to his podcast: Weiss Advice. Also, visit their company online at Madison SPECS a

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People on this episode

Anthony Vicino

Host

Daniel Krueger

Host