This is part 1 of my conversation with Yonah Weiss, Yonah is a powerhouse with property owners' tax savings. As Business Director at Madison SPECS, a national cost segregation leader, he has assisted clients in saving tens of millions of dollars on taxes through cost segregation. He has a background in teaching and a passion for real estate and helping others. He’s a real estate investor and the host of the top podcast, Weiss Advice.

In this episode, Yonah discusses Cost Segregation, where he defines it as the practice of separating out the cost of a property into different categories, such as nonstructural items such as carpets or flooring, and structural items like walls or plumbing. This method allows you to take deductions for each category over a period of time, which can be beneficial when the value of the property increases ...