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Justin Colby

๐Ÿ‘ค Speaker
See mentions of this person in podcasts
6374 total appearances

Appearances Over Time

Podcast Appearances

The Science of Flipping
How Investors Legally Avoid Taxes with Cost Segregation | Jeff Hiatt

He keeps buying these single family homes, which I encourage him to do because I would rather him be in real estate than not.

The Science of Flipping
How Investors Legally Avoid Taxes with Cost Segregation | Jeff Hiatt

Sure.

The Science of Flipping
How Investors Legally Avoid Taxes with Cost Segregation | Jeff Hiatt

But what advice would you give him from your side of the world?

The Science of Flipping
How Investors Legally Avoid Taxes with Cost Segregation | Jeff Hiatt

Would you say get into apartments, you know, at least start getting five doors or more, start getting a higher price points?

The Science of Flipping
How Investors Legally Avoid Taxes with Cost Segregation | Jeff Hiatt

Like what would be your perspective for that person?

The Science of Flipping
How Investors Legally Avoid Taxes with Cost Segregation | Jeff Hiatt

To take most advantage of what you offer, right?

The Science of Flipping
How Investors Legally Avoid Taxes with Cost Segregation | Jeff Hiatt

To say, hey, I know the laws.

The Science of Flipping
How Investors Legally Avoid Taxes with Cost Segregation | Jeff Hiatt

Here's how you win by following the rules of the laws.

The Science of Flipping
How Investors Legally Avoid Taxes with Cost Segregation | Jeff Hiatt

Yeah, I think that's probably the smartest thing.

The Science of Flipping
How Investors Legally Avoid Taxes with Cost Segregation | Jeff Hiatt

I mean, that's why you suggested it.

The Science of Flipping
How Investors Legally Avoid Taxes with Cost Segregation | Jeff Hiatt

But now, then it does, again, it doesn't really manage...

The Science of Flipping
How Investors Legally Avoid Taxes with Cost Segregation | Jeff Hiatt

It doesn't really matter what he buys because at that point, they're a full-blown real estate professional.

The Science of Flipping
How Investors Legally Avoid Taxes with Cost Segregation | Jeff Hiatt

They get the same stuff that I get.

The Science of Flipping
How Investors Legally Avoid Taxes with Cost Segregation | Jeff Hiatt

They get the rapid depreciation for active income, et cetera.

The Science of Flipping
How Investors Legally Avoid Taxes with Cost Segregation | Jeff Hiatt

This is actually an actual question that I don't know the answer, so I'm going to ask it.

The Science of Flipping
How Investors Legally Avoid Taxes with Cost Segregation | Jeff Hiatt

Could the attorney ever be a real estate professional?

The Science of Flipping
How Investors Legally Avoid Taxes with Cost Segregation | Jeff Hiatt

If he's buying enough of these, at what point do you say, well, I bought 30 homes.

The Science of Flipping
How Investors Legally Avoid Taxes with Cost Segregation | Jeff Hiatt

I'm a professional at this.

The Science of Flipping
How Investors Legally Avoid Taxes with Cost Segregation | Jeff Hiatt

And whether they're willing to play the game.

The Science of Flipping
How Investors Legally Avoid Taxes with Cost Segregation | Jeff Hiatt

We teach all the time, and they're- Do you guys, when you say that, do you teach, like, is there somewhere, your website obviously, but in your Instagram, can someone be taught more of this?