5 β’ 831 Ratings
ποΈ 1 May 2023
β±οΈ 11 minutes
ποΈ Recording | iTunes | RSS
π§ΎοΈ Download transcript
Click on a timestamp to play from that location
0:00.0 | Taxes are written to stimulate behavior. |
0:04.2 | So why would the government want you to give cost segregation or get that benefit if you're a multifamily investor? |
0:10.8 | Because the government cannot build and create affordable housing. All right, Jinguino here, and today we're discussing the tax benefits of multifamily investing. |
0:42.4 | Gino, I just wrote a fatty. What's a fatty? Now we're not talking about weed. We ain't druggies over here. |
0:46.7 | We wrote a fat check to the IRS because, hey, we still got to pay taxes. But it would have been a lot worse if it wasn't for the depreciation that |
0:54.6 | multi-family investing provided for us. How you doing today, Big Dog? I don't know. I'm confused |
0:59.7 | right now. Fatty's writing checks. What are we talking about today? We're talking about the tax |
1:04.0 | benefits of multifamily investing, Gino, okay? And, you know, unfortunately for you right now, |
1:09.7 | you're going to break it down for us. |
1:11.0 | So if you're not prepared for this, I don't know what to say. |
1:13.4 | I'm kidding. The Gdad always brings it. He's ready to go. |
1:16.2 | So let's get into the nuts and bolts. |
1:18.3 | You're going to talk about some, you know, economic geo, macro, whatever's here in a second. |
1:24.2 | So let's break it down for folks. Let's start with cost segregation. What is |
1:27.9 | cost segregation and how have we used it in our investing strategy? This is what I love about Jake. |
1:33.7 | He just loves to jump into things. He doesn't give me a second. Camel ball. You know, my father always |
1:39.7 | told me, Gino, it's not what you make. It's what you keep. I'm like, yeah, what do you know, dad? |
1:45.7 | What are you talking about? |
1:46.7 | Then I got my first paycheck and I was like, okay, maybe he had a little merit. |
1:50.3 | Maybe he had a lot of merit. |
1:53.4 | And about three months ago, my 14 year old, soon to be a 15 year old daughter got a job. |
1:58.2 | And I started trying to explain to her about taxes and she started |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Jake & Gino, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Jake & Gino and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright Β© Tapesearch 2025.