Podcast

Zen and the Art of Real Estate Investing with Jonathan Greene

196: Unleashing Your Property’s True Potential Through Cost Segregation with Sean Graham

Cost segregation is a popular buzzword in real estate investing right now, but understanding what it really means can save you money.

On this episode of Zen and the Art of Real Estate Investing, Jonathan sits down with Sean Graham, founder of Maven Cost Seg. Sean is also a real estate investor and a registered CPA. Additionally, he is the founder of Maven Equities.

As Jonathan and Sean begin their conversation, Sean shares how real estate first appeared on his radar. He explains that he started investing with a house hack in Chicago. Eventually, Sean discovered self-storage and quickly realized that wholesaling was not his niche. He did like self-storage, though, and continued to invest in that asset class. Sean explains how the geographical area a property is located in affects how it operates, his strategy for finding deals and what’s changed about it over time, and the financial advantages of self-storage. You’ll hear what cost segregation is, the assets it best works for, and how it can help investors save money. And how Sean approaches cost segregation for different asset classes. Finally, Sean explains what it means to be a real estate professional with active status from the IRS’s perspective and two ways to create a relationship with a tax professional.

Tune into this episode for information on cost segregation that can save your real estate business money.

In this episode, you will hear:

When real estate first popped up on Sean Graham’s radar and how he got into investing with a house hack
How Sean figured out that wholesaling self-storage wasn’t for him and what initially drew him to self-storage
The appeal behind self-storage as an asset class and the geographical area’s impact on how it operates
Sean’s strategy for finding deals and how that’s changed over time
The financial advantages of self-storage
Cost segregation, what assets it works best for, and how it can help investors save money
How Sean approaches cost segregation for different asset classes
Meeting the requirements to qualify as a real estate professional with an active status
Two ways to create a relationship with a trusted tax professional

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