Bill Smith is the Director of Business Development for ELB Consulting. As a tax efficiency engineering practice, ELB works with commercial real estate investors and developers to reduce their tax liability and improve their cash flow through engineered tax studies.
[00:01] – [07:08] Cost Segregation and Bonus Depreciation
- Let’s get to know Bill Smith
- Bill talks about Cost segregations
- What cost segregation does for your assets
- Depreciation
- Effect of bonus depreciation on the Economy
[07:09] – [17:44] Cost Segregation process
- The cost segregation process
- Ideal time to do a cost segregation study
- How can investors keep up with the changes and trends in the depreciation schedules
- Varying service fees for cost segregation process
- The Lack of familiarity with cost segregation studies
[17:45] – [21:29] Cost Segregation studies on various asset classes
- Cost segregation studies for small single-family properties
- Check out their website and get your cost segregation report in 5 minutes
[21:30] – [26:14] Closing Segment
- One thing a person must do in terms of cost segregation
- Evaluate the property and compare it before buying
- How He stays on top of his game
- His way to make the world a better place
- How to reach out to Bill – See links below
- Final words
Tweetable Quotes:
“Essentially, cost segregation is a way to optimize your depreciation schedule.” – Bill Smith
“When you buy a property, evaluate it and compare.” – Bill Smith
Resources Mentioned:
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Learn more and Connect with Bill on Linkedin. Send him an email at bill@diycostseg.com or visit https://diycostseg.com/.
Contact Number: 919-858-6140
Connect with me:
I love helping others place money outside of traditional investments that both diversify strategy and provide solid predictable returns.
Call: 901-500-6191
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Email me --> sam@brickeninvestmentgroup.com
