Welcome to the Journey to Multifamily Millions podcast, where we discuss money matters with experts!

In this episode, Erik Oliver Vice President at Cost Segregation Authority shares his incredible journey from being an accidental landlord to becoming a skilled real estate investor, with a focus on how cost segregation can transform your investment strategy.

He dives deep into the world of tax strategies, and explains how cost segregation accelerates depreciation on properties, saving investors thousands on taxes.

Erik breaks down the process, the benefits, and when it’s the right move for your portfolio. If you're looking to maximize your returns and secure a stronger financial future through real estate, this episode is a must-listen.

Episode Topics

[001:16] Meet our guest, Erik Oliver
[02:43] First Rental Property Challenges
[05:15] Accidental Landlord Experiences
[1320] Understanding Cost Segregation
[24:14] When Cost Segregation Makes Sense
[35:17] The Role of a Tax Strategist
[38:08] What is one red flag every investor should look out for?
[38:34] What is a myth about the real estate business?
[40:38] Connecting with Erik

Notable Quotes

• "I was strategic about my investment. So I was either going to pay the government $80,000 or put that $80,000 down on an investment property." – Erik Oliver
• "I lucked into my real estate investment career, but I’ve been able to learn a lot about tax that I didn’t know before." – Erik Oliver
• "You learn those valuable lessons early and often, unfortunately." – Tim Little
• "Cost segregation really is just accelerated depreciation on your real estate investments." – Erik Oliver
• "I always encourage people to have a tax strategy, not just do their taxes, especially if you have multiple and complicated investments." – Tim Little

👉Connect with Erik Oliver

• LinkedIn: Erik Oliver
• Website: Cost Segregation Authority
• Email: erik@costsegauthority.com

👉 Connect with Tim

• Linkedin: Tim Little
• Instagram: @tim_at_zana
• Email: tim@zanainvestments.com
• Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
• Get your Passive Investor's Cheat Sheet FREE

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https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497