Mahoning Valley Real Estate Investors Association

Time: Doors Open at 5:30 PM | Program Begins at 6:00 PM
Location: Elton Beard Cabin, Boardman Park
    How to find us - The Elton Beard Family Cabin is back behind the large playground area. As you're driving into the park it will be a left turn onto an "Enter Only" parking/drive area. There is plenty of parking available.
Cost: Free for first-time guests! Non-members $20 at the door or online.

What is Cost Segregation?

Cost segregation is a tax strategy that allows property owners to accelerate depreciation deductions by reclassifying certain parts of a property as personal property. By breaking down a building’s components—think HVAC systems, special lighting, plumbing, and even landscaping—investors can reduce their taxable income and increase cash flow in the early years of ownership.

This technique, which is often underutilized, can yield substantial benefits:

• Accelerated Depreciation: Shorter depreciation periods mean bigger tax deductions upfront.
• Enhanced Cash Flow: Save on taxes and reinvest that money to grow your portfolio.
• Compliance with IRS: Studies are performed by qualified professionals to ensure adherence to IRS guidelines.
• Applicable to Many Property Types: Ideal for commercial properties and even residential investments like multifamily units.
• Did you know? A Cost Segregation study can save up to $100,000 in taxes for every $1 million spent on building costs!

About the Speaker:

https://cssiservices.com/sales/john-macfarland/

John MacFarland is a national account executive with CSSI, where he specializes in helping clients maximize their tax savings through Cost Segregation studies. With a rich background that includes expertise in 1031 exchanges, zoning studies, and commercial title insurance, John has a knack for finding innovative strategies that boost his clients’ bottom lines. An honorably discharged veteran, John is also actively engaged in his community and serves on the board of the Unity Spiritual Center.

John will bring his depth of experience to MVREIA, offering real-life examples and actionable insights into how you can leverage Cost Segregation to reduce your tax burden and improve your investment returns.

Key Takeaways for Real Estate Investors of all Levels:

• How Cost Segregation Works: Understand the process of reclassifying building components to optimize tax deductions.
• Who Can Benefit: From commercial property owners to residential investors, discover who can gain the most.
• When to Perform a Cost Segregation Study: Learn about ideal timing, whether you’ve just purchased a property or have owned it for years.
• Types of Properties Eligible: Find out how different property types—from commercial to residential—can benefit.
• Bonus Depreciation Opportunities: Learn about bonus depreciation and how it complements Cost Segregation to further boost tax savings.

Who Should Attend?

This meeting is ideal for real estate investors at all levels, from beginners who want to understand tax strategies to experienced pros looking to maximize their investment returns. If you’re a property owner, developer, or even just curious about how to save on taxes, you’ll gain valuable insights from this session.
Bring your business cards! Networking starts at 5:30 PM, giving you a chance to connect with other investors and real estate professionals.
Don’t miss this opportunity to learn how Cost Segregation can help you unlock hidden savings and increase cash flow. Preregister now to reserve your spot: MVREIA.com/Nov2024

Note about Food:

We will have light refreshments available for purchase. Think pizza, pop, chips, water... There are tons of to-go food options right around the area and you're more than welcome to bring your own food in with you if you'd like a little more sustenance or healthier options 😎