#85 - Cost Segregation: The Tax Strategy You Can’t Afford to Ignore with Erik Oliver

Passive Income Pilots

Welcome back to another episode of Passive Income Pilots! In this episode of Passive Income Pilots, Tait Duryea and Ryan Gibson are joined by Erik Oliver, Vice President of Cost Segregation Authority, to dive deep into cost segregation. Erik explains how this tax strategy accelerates real estate depreciation, enabling investors to unlock substantial tax savings. He covers key topics like the benefits of reclassifying building components, qualifying short-term rentals for bonus depreciation, and retroactively applying cost segregation to past investments. Whether you're a seasoned investor or new to real estate, this episode offers actionable advice on how cost segregation can transform your tax strategy and maximize your returns.

Erik Oliver is the Vice President of Cost Segregation Authority, specializing in helping real estate investors leverage cost segregation to reduce tax liabilities. Erik has guided clients across the U.S. in maximizing tax benefits through accelerated depreciation strategies. His expertise is making complex tax codes understandable and actionable, empowering investors to increase cash flow and build wealth.

For more resources, including a FREE cost-seg quote, visit: https://costsegauthority.com/passiveincomepilots

Show notes:

(0:00) Intro

(2:37) Erik’s journey into cost segregation

(4:07) Understanding depreciation in real estate

(7:16) How cost segregation studies accelerate depreciation

(9:38) Tax advantages of short-term rentals and cost segregation

(15:26) Real-world example: Tax savings from short-term rentals

(19:52) Bonus depreciation and its impact on cost segregation

(29:30) Retroactively applying cost segregation to past investments

(33:19) Questions from the forum

(45:53) How to connect with Erik

(47:19) Outro

Connect with Erik Oliver:

• Website: https://costsegauthority.com/passiveincomepilots

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*Legal Disclaimer*

The content of this podcast is provided solely for educational and informational purposes. The views and opinions expressed are those of the hosts, Tait Duryea and Ryan Gibson, and do not reflect those of any organization they are associated with, including Turbine Capital or Spartan Investment Group. The opinions of our guests are their own and should not be construed as financial advice. This podcast does not offer tax, legal, or investment advice. Listeners are advised to consult with their own legal or financial counsel and to conduct their own due diligence before making any financial decisions.