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Maximize Your Profits with Cost Segregation

May 16 @ 6:00 pm - 9:30 pm

Free Attendance Free Parking

Geoffrey Gan

CEO|GTG Consulting

What is cost segregation?

Cost Segregation is a tax-saving strategy used by real estate investors to accelerate depreciation, reducing current and future tax liabilities. Typically, properties are classified as a single asset with long depreciation periods. Cost Segregation identifies and reclassifies assets within the property into shorter depreciation periods, such as 5, 7, or 15 years. This results in higher deductions, improving cash flow by fully depreciating assets over a shorter timeframe. Essentially, it’s about maximizing the value of tax savings today, as money saved now can be invested for greater returns compared to future savings due to inflation.

Guest Speaker Bio:

Geoffrey Gan with GTG Consulting brings more than 20 years of experience related to cost segregation studies; additional professional experience includes: management consulting, construction, real estate, and software application development. Since 2004, he has overseen and performed thousands of cost segregation studies for real estate assets including: apartment complexes, auto dealerships, high-rise office buildings, industrial manufacturing facilities, hotels and casinos, medical offices, retail centers, single family rentals, and veterinary clinics. Geoff has a Master’s in Business Administration and a Bachelor’s in Computer Science both from the University of Southern California (Marshall School of Business and Viterbi School of Engineering). Geoff is also a Certified Cost Segregation Professional (CCSP) as part of the American Society of Cost Segregation Professionals ( www.ascsp.org ), which is the industry’s highest accolade (there are only about 50 professionals with this accreditation).

What you will learn:

    • What is Cost Segregation
    • How can this benefit real estate owners
    • What types of real estate transactions does this apply to
    • What is bonus depreciation
    • Examples

    PLUS: Sam’s Insight

    Association President/Founder
    More about Sam

    Schedule:

    6:00: Doors open, Vendors, Networking (Outdoor courtyard)
    7:15: Meeting (Indoor)
    9:00: Networking
    9:30: Meeting ends

    Ticket Cost

    Free. All you have to do is register in advance.

Details

Date:
May 16
Time:
6:00 pm - 9:30 pm
Cost:
Free Attendance
Website:
GLAREIA.com

Organizer

Greater LA REIA
Phone
(424) 500-3280
Email
info@glareia.com
View Organizer Website

Venue

Holiday Inn
3223 E Garvey Ave N
West Covina, CA 91791 United States