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Real Estate Investing Abundance

REIA 195 Joseph Viery: Legally reduce or eliminate state and local income tax through acceleration and depreciation

A Cost Segregation Professional with 14 years of hands-on experience including onsite verifications, estimating, cost analysis, and tax classification. A regular presenter at workshops nationally and is a frequent guest on industry podcasts.

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Main Points:

  • What is cost segregation?
  • Who (what property owner) should do cost segregation.
  • If the building will be sold in the near future, should cost segregation be considered? 
  • What if the owner is a passive investor?
  • Can cost segregation be performed on buildings acquired prior to 2020, and if yes, how far back can one go? 
  • Are taxpayers who have buildings using accelerated depreciation (cost segregation) more likely to be audited by the IRS? 
  • What should one look for in a cost segregation company?

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Biography Of Joseph Viery:

Joseph is a Cost Segregation Professional with 14 years of hands-on experience including onsite verifications, estimating, cost analysis, and tax classification. He is a regular presenter at workshops nationally and is a frequent guest on industry podcasts. He is expert in Detailed Engineering CostSegregation Studies, Tangible Property Regulations, Asset Dispositions, 179d and 45L Energy Tax Credits, and R&D Tax Credits. He has the ability to analyze intricate technical information He has a natural ability to turn complex sets of guidelines into easy-to-understand topics Excellent problem solve.