Real Estate Community Network Podcast
You want to keep up with industry trends, developments, and innovations, but finding reliable, up-to-date, and comprehensive sources on your own can be a difficult task. The solution? Turn to the Real Estate Community Network.By participating in the RECN, you automatically expand your network and circle of contacts. As a result, it becomes exponentially easier to find niche services, share information, resources and the ability to find your next investment property and great discounts.The last time you were stuck on a problem, did you fix it all on your own? Or did you call up a trusted friend, ask a peer for some advice, or simply take a walk on a busy street to get your creative juices flowing?Perhaps the greatest value in communities comes from the fact that when members engage with each other, they can find unlimited inspiration. Through active discussions, community members learn from each others’ mistakes, get motivated by their victories, and give and receive much-needed support. Not to mention, the collaborations that come to fruition thanks to community engagement can yield fresh, exciting innovations that simply can’t be achieved solo. Join our Facebook group @ Real Estate Community Network PA
Real Estate Community Network Podcast
Mike & Steve talk with Adam Struss about cost segregation
In this podcast interview, Adam Struss joins Mike and Steve from the RECN podcast to discuss the topic of cost segregation. Adam Strauss is an expert in this field and provides valuable insights into how cost segregation can benefit real estate investors.
The conversation begins with an explanation of what cost segregation is and how it works. Adam breaks down the process of identifying and reclassifying assets within a property to accelerate depreciation deductions. He highlights the importance of working with a qualified professional to ensure compliance with IRS regulations.
Adam goes on to discuss the various types of properties that can benefit from cost segregation, including residential, commercial, and industrial properties. He explains how cost segregation can help investors reduce their tax liability and increase cash flow by maximizing depreciation deductions.
Throughout the interview, Adam shares real-life examples and case studies to illustrate the financial impact of cost segregation. He emphasizes the importance of conducting a cost segregation study early in the investment process to fully leverage the benefits.
Mike and Steve ask insightful questions, allowing Adam to delve deeper into the intricacies of cost segregation. They discuss the potential risks and challenges associated with cost segregation, as well as the potential benefits for different types of investors.
Overall, this podcast interview provides a comprehensive overview of cost segregation and its potential benefits for real estate investors. Listeners will gain a clear understanding of how cost segregation works and how it can be implemented to optimize their investment returns.
Contact info for Adam Struss
Phone: 484.488.7982
Email: adam@strussconsulting.com
Web: https://www.strussconsulting.com