One of the routes to financial independence is via real estate. To fully appreciate the value of real estate participation is to utilize the tax benefits associated with real estate investing.
This week we are revealing one of the best-kept secrets in America!
The benefits of a Cost Segregation Study are undeniable. Cost segregation is a tremendously beneficial and widely used tax strategy for residential development and commercial property owners. This technique can significantly reduce taxable income, which in turn increases cash flow - formerly a tool used by the largest accounting firms and real estate owners. It has become routine among almost every size business! Nearly every person who owns or operates any type of real estate can benefit from using Cost Segregation!
By identifying and placing the various individual assets purchased in a real estate transaction into their proper shorter 5, 7, or 15-year depreciation lives (rather than on a 39-year life...