Episode Description
Start making passive income here: https://bit.ly/4gHASKq
Can you be a passive real estate investor and still enjoy powerful tax advantages that accelerate your wealth? Absolutely and in this episode, I bring on CPA and tax incentive expert Jason Melillo to show you exactly how.
Jason has spent over 25 years in the tax and real estate space. Early in his career, he discovered cost segregation studies, a tool that allows investors to accelerate depreciation and dramatically reduce their tax burden. While Fortune 500 companies have used this for decades, most everyday business owners and real estate investors have never tapped into it. Jason and his firm made it their mission to bring these tax-saving strategies to small and mid-size investors, and the results are incredible.
We talk about how business owners like doctors, dentists, or chiropractors who own their buildings are often leaving hundreds of thousands of dollars on the table simply because they don’t know about cost segregation or bonus depreciation. Jason explains how these strategies can take a normal $10,000 annual deduction and turn it into a $150,000 year-one deduction—freeing up capital to reinvest into more properties and accelerate wealth.
You’ll also hear how real estate professional status works, including the 750-hour rule, and how even short-term rentals like VRBOs can create active business income that offsets W2 income. Jason breaks down how investors can move from one property to many, using tax advantages and leverage to scale without paying more to Uncle Sam.
We also cover:
- Why bonus depreciation has put cost segregation “on steroids”
- How to use tax deductions from one property to shelter income from others
- Creative ways W2 employees can benefit, even without becoming full-time investors
- How the wealthy structure real estate to legally pay little or no taxes for life
- The role of 1031 exchanges and the step-up in basis to eliminate taxes permanently
This isn’t theory. These are strategies billionaires use every day and Jason shows how everyday investors can do the same. If you want to keep more of what you earn, reinvest it wisely, and reach financial freedom faster, this is a must-listen episode.
Jason's links:
- LinkedIn: https://www.linkedin.com/in/jasonmelillocpa/