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Isaac Weinberger
Cost Segregation Specialist, Madison SPECS
In this conversation, Isaac Weinberger shares his expertise on cost segregation, a powerful tax strategy that allows real estate investors to maximize their depreciation benefits.
Cost segregation is depreciation on steroids. Instead of taking depreciation evenly over decades, you front-load it into the early years — an interest-free loan from the IRS that Isaac Weinberger has used to offset over $200 million in tax liabilities.
You can go back retroactively — no amended returns. Bought in 2021 and just learned about cost seg? A retroactive study grabs all the accelerated benefits into the current tax year, on any investment asset class, not just multifamily.
Depreciation can win deals, not just save taxes. With the right operating agreement you can specially allocate depreciation to entice a bigger check from an investor — it's not dessert, it's the appetizer that changes a deal's dynamics.
Have the conversation. Up to a quarter of eligible syndicators still skip it, and one hotel owner who resisted found $3 million in extra depreciation worth $1M+ in real cash — but it isn't for everyone: short holds, no tax liability, or non-REP investors can make it pointless.
