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Investing in Real Estate with Clayton Morris | Investing for Beginners

734: How to Save Thousands on Taxes If You Make a Lot of Money - Episode 734

Investing in Real Estate with Clayton Morris | Investing for Beginners

Clayton Morris

Investing, How To, News, Education, Business, Business News

4.11.1K Ratings

🗓️ 29 April 2021

⏱️ 32 minutes

🧾️ Download transcript

Summary

If you're a high earner, a cost segregation study is an incredible tax strategy that can help you save thousands on taxes. But cost segregations can be pretty confusing and overwhelming if you're not familiar with how they work.

On this episode of Investing in Real Estate, I'm joined by Josh—the cost segregation analysis expert on our team. Josh is answering cost segregation questions from our Financial Freedom Academy community. You're going to learn the basics of cost segregation, who a cost segregation analysis is for, and more of the finer details on how to lower your taxes.

Transcript

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Welcome to the Real estate investing show. I'm Clayton Morris. This episode we're

1:05.0

going to teach you all about cost segregation and why this is such a powerful

1:09.1

wealth building tool specifically for real estate investors and it is a game changer especially if you are a

1:14.8

W-2 employee that's in a high tax bracket you make a lot of money and you have the

1:19.8

opportunity with this to incredibly reduce your taxes.

1:24.3

So that's what we're going to be spending today's show all about.

1:27.0

Now, this was an interview that we had recorded with Josh from our team in our private

1:31.6

Financial Freedom Academy group, and we wanted to release it to you live

...

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