#14 - Depreciation Demystified: Cost Segregation and Tax Savings in Real Estate with Toby Mathis
Passive Income PilotsMay 02, 2023x
1:03:2643.62 MB

#14 - Depreciation Demystified: Cost Segregation and Tax Savings in Real Estate with Toby Mathis

On this episode of Passive Income Pilots, Tait and Ryan welcome back Toby Mathis for an insightful discussion on depreciation and tax strategies for investors. Toby, a renowned attorney, investor, speaker, and bestselling author, is the founding partner of Anderson Business Advisors. Known for his expertise in business and real estate investing, Toby educates U.S. investors through his popular "Tax Tuesday" webinars. His book "Infinity Investing" is an Amazon bestseller and Global Book Award winner. Toby delves into depreciation, bonus depreciation, cost segregation, and tax-saving strategies, providing actionable insights for investors. Enjoy the show!

Timestamped Show Notes

(00:00) Intro

(02:27) What is depreciation, and how does it work?

(08:30) Why do you need a cost segregation study?

(11:34) Understanding bonus depreciation

(15:10) Restrictions on applying losses

(19:59) Types of expenses you can write off

(25:05) Cost segregation on an Airbnb to offset W2 income

(30:02) What happens when you sell the property?

(33:15) What is a cost segregation study?

(36:20) Understanding passive capital gains

(42:27) Wiping out taxes from previous years

(45:05) What can you depreciate?

(49:08) What happens when you want optionality?

(53:05) Who can benefit from Anderson's services?

(01:01:55) How to connect with Toby

(01:03:15) Outro

Connect with Toby




Tax Tuesdays 

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Legal Disclaimer

The content of this podcast is provided solely for educational and informational purposes. The views and opinions expressed are those of the hosts, Tait Duryea and Ryan Gibson, and do not reflect those of any organization they are associated with, including Turbine Capital or Spartan Investment Group. The opinions of our guests are their own and should not be construed as financial advice. This podcast does not offer tax, legal, or investment advice. Listeners are advised to consult with their own legal or financial counsel and to conduct their own due diligence before making any financial decisions. The hosts, Tait Duryea and Ryan Gibson, do not necessarily endorse the views of the guests featured on the podcast, nor have the guests been comprehensively vetted by the hosts. Under no circumstances should any material presented in this podcast be used or considered as an offer to sell, or a solicitation of any offer to buy, an interest in any investment. Any potential offer or solicitation will be made exclusively through a Confidential Private Offering Memorandum related to the specific investment. Access to detailed information about the investments discussed is restricted to individuals who qualify as accredited investors under the Securities Act of 1933, as amended. Listeners are responsible for their own investment decisions and are encouraged to seek professional advice before investing.

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