The Real Estate Lab


EP 12: Yonah Weiss - Cost Segregation Expert Interview

Ep. 12

Show Notes

[00:02:40] Yonah works for Madison Specs.

[00:03:06] Yonah had recently surpassed 1000 posts on

[00:03:34] You can schedule a free consultation with Yonah at

[00:07:30] Yonah believes that you have to learn from those who have done it before you.

[00:09:47] If you are not doing cost segregation, you are doing straight line depreciation.

[00:09:56] The IRS allows you to write off the entire value of a building. For commercial, it's over 39 years period and for residential it's over 27.5 years.

[00:10:18] The main categories of cost seg: 

1. Actual Structural Components of the building

2. Personal properties depreciate over a 5-year period (include fixtures, lighting fixtures, special purpose plumbing, etc.)

3. Land improvements (depreciate over 15 years): Landscaping to pavements, to asphalt a parking lot etc.

[00:15:34] Yonah used real number example to demonstrate bonus depreciation and cost seg for mobile home parks.

[00:19:53] Yonah discusses whether you could use the benefit of cost seg to offset your W2 income.

[00:20:50] Yonah discusses briefly about real estate professional and using it to offset the entire W2 income.

[00:24:48] I asked Yonah about Cost seg and Airbnb for a friend. If you have an Airbnb business, you will want to listen to this section. 

[00:35:05] Yonah shares the questions you need to ask a firm before hiring them to do your cost segregation study.

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