#18 Massive Tax Strategies Through Cost Segregations with David Shaya
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In today's episode (#18) we interview David Shaya. David Shaya is a Regional Business Director for Madison SPECS, LLC. He develops new business opportunities by guiding clients in the ideal methods to maximize tax deductions and improve their cash flow.
Madison SPECS, LLC, provides expert cost segregation and fixed asset review services. A Cost Segregation study offers a tax savings analysis of real estate holdings, designed to reclassify real property expenditures eligible for accelerated tax depreciation deductions. Identifying and reclassifying these assets results in a reduced tax liability and increased cash flow. Madison SPECS has an experienced team of engineers, accountants, and tax experts, who work exclusively on cost segregation studies to ensure that clients obtain the greatest tax benefits from their real estate holdings.
Madison SPECS is a division of Madison Commercial Real Estate Services, a group of independent but related companies that offer specialty services for the commercial real estate market. These companies include Madison Title Agency, Madison 1031 and LeaseProbe/RealDiligence. Madison SPECS works in tandem with these specialized companies to deliver a comprehensive network of real estate services, providing customers with a smooth process in every step of the transaction.
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David’s Li’l Nugget:
What kind of property should I buy to capture the most depreciation to limit my tax liability? The more specialized the building, the better! You will be able to write off so much more to help limit your tax liability. The difference between an empty warehouse and a medical office is substantial.
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Li'l Nugget Segment music: "Hip-Hop 1" by Deff Syndicate is marked with CC BY 3.0.