Episode #305: Leveraging IRS-Compliant Cost Segregation Studies with Joseph Viery
Description
Do you currently find yourself wondering about whether or not to do a cost segregation study? Or have you heard of it, but are wanting more information about the process? Then today’s episode is for you. Our guest on the show today is Joseph Viery, a cost segregation professional and the founder of US Tax Advisors Group Incorporated (USTAGI). By leveraging IRS-complaint cost segregation studies, Joseph has helped property owners defer or eliminate millions of dollars in income taxes. In our conversation with Joseph, we talk about what USTAGI encompasses and exactly what cost segregation is. He divulges an aha moment for listeners and also shares something he believes everyone should know about. To hear about the most common misconceptions investors make about cost segregation and his advice to passive investors, make sure not to miss out on this episode of Passive Income Through Multifamily Real Estate.
Key Points From This Episode:
The journey of how Joseph became a cost segregation professional (CSP).He explains more about the Us Tax Advisors Group.Joseph elaborates on what cost segregation is.What 100% bonus depreciation means. We divulge an aha moment for listeners.Joseph goes through the three reasons you wouldn’t want to do cost segregation. The point where it makes sense to consider cost segregation.Joseph shares something everyone should know about.The most common, incorrect, assumptions investors may have about cost segregation.Advice to passive investors to encourage reluctant sponsors to consider doing a cost segregation study.
Links Mentioned in Today’s Episode:
Joseph Viery on LinkedIn
USTAGI
VSV Fund II
Vertical Street Ventures
VSV Academy
Passive Income Through Multifamily Real Estate Facebook Group
Peter Pomeroy on LinkedIn
Peter Pomeroy Email
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