Episode 59: Chicago’s Very Own Cost Segregation Expert - Kevin Cawley

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By Mark Ainley and Tom Shallcross and Straight Up Chicago Investor. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

The word "taxes" inspires fear from all types of investors, but especially in Chicago. From income tax, to property tax, we’re paying a lot. Depreciation is one of Real Estate’s greatest benefits, and there is a way to maximize that benefit immediately. Cost Seg Kev is here today to explain what cost segregation is and how it can be used to offset your tax liability. If you’re not trying to save hundreds of thousands of dollars from here on out, well, this isn’t the episode for you. Listen in and if you learned something, please share us with someone who can also benefit.

Connect with Mark and Tom: StraightUpChicagoInvestor.com

Email the Show: StraightUpChicagoInvestor@gmail.com

Guest: Kevin Cawley of Cost Segregation Services

Sponsor: Puleo Group Sponsor: Appeal.tax Link: The Miracle Morning: The Not-So-Obvious Secret Guaranteed to Transform Your Life Link: Think and Grow Rich: The Landmark Bestseller Now Revised and Updated for the 21st Century (Think and Grow Rich Series) Link: David Pezzola of the Icarus Investment Group | Call David: 773-931-6498

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Guest Questions

How did you get started? 6:00

What is depreciation? 10:00

What asset classes depreciate at 39% vs 27.5%?

What is the benefit of cost segregation to an investor? 15:15

What kinds of things are broken out for smaller multifamily? 16:30

Is this right for everyone? 19:45

Is there a minimum threshold for when this makes sense? 23:45

How does the pricing structure for cost segregation studies work? 27:00

What are questions someone should ask when getting a cost seg offering? 33:00

What has been your competitive advantage? 35:25

What is one piece of advice you’d give? 36:40

Wrap Up Questions

What do you do for fun? 37:30

Self development recommendation? 38:00

Network Recommendation? 38:45

How can we learn more about you? 40:00

That’s our show, thanks so much for listening! Tune in next week!

If you want to make the most of your investment, connect with us at https://www.gcrealtyinc.com/.

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Production House: Flint Stone Media

Copyright of Straight Up Chicago Investor 2021.

70 episodes