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.

More Episodes


EP 47: Billy Brown - The Lender That Makes You Money

Ep. 47
Join me, Vee Khuu and my guest, Billy Brown, on the Real Estate Lab Podcast, as we talk about his new projects, how he went from having no passive income to having a $5 million portfolio, and the performance of his portfolio in the midst of the pandemic. Billy is a successful investor, syndicator, strategist and a creative lender. He is the founder of the Investors Capital Group, founder of The Golf Sanctuary, and a co-author of an Amazon best-selling book called the Success Habits of Super Achievers. In this episode, he shares a lot of valuable information that you do not want to miss!Outline of the episode:·[03:44] TrackMan is an application that allows you to play virtual golf.·[06:08] How has COVID-19 impacted their business and current projects?·[10:09] The story of how he found and bought his first multifamily property.·[14:20] You have to know what the fundamentals of lending and investing are before you can get creative.·[17:27] The difficulty is actually finding the truth about the properties and the brokers.·[20:29] Your lender is your biggest partner and not your enemy. When you have experienced buyers buying things right, you’re going to have bigger opportunities.·[23:33] Lenders want to work with a solid team, experienced people, and not rookies.·[26:25] What kind of debt coverage ratio is Billy looking for now during this pandemic?·[29:30] There’s a lot of lending in self-storage and it always has a solid system.·[31:06] You need to have plenty of reserves to be able to be a true professional investor. Make sure you provide great housing because people deserve better.·[33:16] Make sure you’re well capitalized and have enough money in your operating account. Construction projects usually take longer and costs more money.·[36:15] The slower you go down and the less experienced lenders that you have, the lesser options you’re going to be left with.·[39:07] The benefits of having a CCIM designation and why you need to get one.·[44:04] All about Billy’s new book, projects, and Loan Approval Accelerator Program.·[51:15] Who are Billy’s favorite golfers and why?Resources:·Billy Brown’s LinkedIn·Company Website·Billy’s Free E-Book·Billy@BillyBrown.Me·Success Habits of Super Achievers

EP 46: Nick Raithel - Unlock Your Book

Ep. 46
Today on the Real Estate Lab Podcast, join our host Vee Khuu and his guest, Nick Raithel, as they talk about why and when you should write your own book. Nick is the creator of The 7 Hours Book, and runs a service to help real estate investors create a book in just 7 hours. Do you think you’re not good enough, have a lot of doubts about your skills, and do not know where to start? Listen to this episode now, and find the answers to your questions!Outline of the Episode:·[01:48] All about The 7 Hour Book by Nick Raithel.·[03:27] Nick saw the need for people to use a book to help promote themselves.·[04:31] Why did Nick, a digital marketer, decide to focus on books?·[06:21] The old is new. A lot of things from before are being used by people again.·[07:20] A hardcover book is like a business card that people don't throw away.·[08:12] Writing a book is something that people should consider if they already have a clear grasp of their goals.·[09:29] How will you know if writing a book is right for you?·[10:36] It has become more challenging to stand out in the competition in real estate.·[12:34] Figuring out your why. You don’t need to be the best in writing to write a book.·[15:03] We first let them figure out if a book makes sense for them before coming to us.·[16:37] It all comes down to your decision of when is the right time to publish your book.·[18:11] You don’t need to worry so much about not having a huge platform or list of people to email to when starting to leverage your book.·[19:22] Their process of deciding when the client is a right fit for them.·[21:39] Work from home jobs are becoming the norm because of COVID-19.·[22:50] How do they ensure that their writers will write with the same voice as the client?·[24:51] Their price ranges and the services included in the package.·[27:00] Podcast is a great platform to build your network and reach out to investors.·[28:04] Nick’s favorite books and the lessons he learned from them.Resources:·Website:·The Black Swan·Fooled by RandomnessConnect with Vee Khuu!·Website:·Facebook:·Instagram:·Linktree