Episode 8 - Cost Segregation With Yonah Weiss

The Mobile Home Park Expert Podcast

Joined by special guest Yonah Weiss, the eighth episode of The Mobile Home Expert Podcast delves into something we all find confusing, tax law. As a tax deduction expert who focuses on cost segregation, Yonah gets Glenn and Jason excited about the potential savings cost segregation can provide for MHP owners. Timestamps: :50 -- Meet Yonah Weiss, the cost segregation expert. 2:35 -- Cost segregation, the little-known tool for MHP owners and real estate investors. 3:41 -- What cost segregation actually is. 4:18 -- Depreciation, The IRS’s gift to real estate investors. 5:16 -- Depreciative Capture Tax - what you pay when you sell a property. 6:18 -- Cost segregation as a one-time thing. 7:46 -- How cost segregation can help you have a better bottom line. 9:33 -- You can’t save like this in other industries. 10:19 -- The opportunity to expand returns. 10:48 -- MHP and cost segregation. 11:36 -- It takes an expert, not just your accountant, to handle cost segregation. 13:48 -- MHPs benefit from cost segregation so much because of land improvements. 16:18 -- The average savings that result from cost segregation. 18:15 -- It’s an underutilized tool. 18:48 -- Yonah’s process. 20:43 -- How this applies to land lease parks. 21:48 -- Bonus Depreciation, a new law you may not know about, but is great for MHP owners. 25:05 -- The lot-lease MHP advantage when it comes to cost segregation. 25:54 -- Who should call Yonah? 27:24 -- How Glenn could have benefitted from cost segregation in his past. 28:30 -- Tax laws do have an expiration date. What’s the future for this one? 29:16 -- What was the incentive that motivated this law? 31:23 -- Differences regarding allocation for park-owned homes. 32:30 -- How to find Yonah to request a free estimate.