#1 Mistake in Commercial Real Estate Investing

What is Cost Segregation? Part 1 with Jason Melillo

In this episode, Jason Melillo, CEO of KBKG, explains the ins and outs of cost segregation and its impact on real estate investment. Discover how this tax strategy can significantly boost cash flow, reduce taxes, and build wealth over time. Chapters 00:00 Introduction to Cost Segregation 03:01 Understanding Cost Segregation for Real Estate Investors 05:58 Types of Real Estate Benefiting from Cost Segregation 08:54 The Trade-offs of Depreciation and Recapture 11:40 Real-Life Examples of Cost Segregation Studies 14:57 Determining the Value Threshold for Cost Segregation 17:51 Depreciation Benefits for Syndicators and Investors 20:29 Asset Classes and Their Depreciation Potential 23:40 The Cost Segregation Process Explained 26:44 Timing and Costs of Cost Segregation Studies 29:42 Identifying the Right Investors for Cost Segregation 32:20 Exploring Other Tax Strategies for Investors 35:24 Common Planning Issues in Tax Strategies 38:15 Tax Planning Conversations for Growing Portfolios 41:17 Final Thoughts on Wealth Building through Real Estate Here's the link to my book: https://www.amazon.com/Value-Over-Foundation-Commercial-Investing/dp/B0DNN14NLQ Want to learn more about CRE? investbeyondmultifamily.com/course Use Code for 10% off: tanhtruong  🔋 Support My Channel 🔋 Bitcoin: bc1q2jnv9sn3efhfvc43q5cqe2leev3066cegpyyz5 Sats via Strike: https://strike.me/tanh Dollars via Paypal: https://www.paypal.com/paypalme/tanht Dollars via Venmo: https://account.venmo.com/u/tanh-truong 🌍 Website: https://www.wontonwealth.com ✖️ X: http://www.x.com/tanhtruong 📷 IG: http://www.instagram.com/pro_tanh 🤓 LinkedIn: http://www.linkedin.com/in/tanh-truong-30a18ab0/ ❗ DISCLAIMER: This show is for entertainment purposes only. Before making any decisions consult a professional. This show is copyrighted by Wonton Wealth. Written permission must be granted before syndication or rebroadcasting. Jason's Links: CostSegregation.com - https://costsegregation.com https://www.linkedin.com/in/jasonmelillo https://www.kbkg.com/dash?swcfpc=1 https://www.facebook.com/KBKGTaxIncentives/ https://www.linkedin.com/company/kbkg/posts/ https://x.com/KBKG https://www.linkedin.com/in/jasonmelillocpa/ Promo Code: Wonton2026

Is Office Dead?

This episode explores the evolving role of the office in the post-pandemic world, examining whether traditional office spaces are still necessary and how hybrid work models are shaping the future of work. Takeaways 1. Remote work has increased productivity and saved commute time. 2. Many office rituals are about visibility rather than value. 3. Hybrid work offers flexibility but can lack structure. 4. In-person meetings are more effective for collaboration. 5. Suburban offices may see a resurgence as the market shifts. Chapters 00:00 Introduction: The Office in Q1 2026 00:30 Pre-Pandemic Office Culture and Remote Work Gains 01:00 The Question: What Is the Office Actually For? 01:38 Remote Work During COVID: Flexibility and Productivity 02:11 Vacant Downtown Offices and Changing Real Estate Values 02:18 Data on Remote Work and Productivity Gains 03:04 Office Culture: Habit vs. Productivity Tool 03:26 Revealing the True Necessity of Office Spaces 04:04 The Hidden Benefits of Commuting and In-Person Work 04:18 Is Office Still Needed? The Role of In-Person Interaction 05:05 Personality and Role Suitability for Remote or In-Office Work 05:37 Distractions at Home vs. Office Productivity 06:24 Corporate Incentives to Return to Office 06:56 Hybrid Work Models: Opportunities and Challenges 07:31 Managing Continuity and Structure in Hybrid Work 08:37 Effective Meetings: In-Person vs. Remote 10:47 Personal Work Styles and Environment Preferences 11:21 The Future of Urban and Suburban Offices 13:41 Conclusion: Is the Office Truly Dead? Here's the link to my book: https://www.amazon.com/Value-Over-Foundation-Commercial-Investing/dp/B0DNN14NLQ Want to learn more about CRE? investbeyondmultifamily.com/course Use Code for 10% off: tanhtruong  🔋 Support My Channel 🔋 Bitcoin: bc1q2jnv9sn3efhfvc43q5cqe2leev3066cegpyyz5 Sats via Strike: https://strike.me/tanh Dollars via Paypal: https://www.paypal.com/paypalme/tanht Dollars via Venmo: https://account.venmo.com/u/tanh-truong 🌍 Website: https://www.wontonwealth.com ✖️ X: http://www.x.com/tanhtruong 📷 IG: http://www.instagram.com/pro_tanh 🤓 LinkedIn: http://www.linkedin.com/in/tanh-truong-30a18ab0/ ❗ DISCLAIMER: This show is for entertainment purposes only. Before making any decisions consult a professional. This show is copyrighted by Wonton Wealth. Written permission must be granted before syndication or rebroadcasting.

The $420 Million Real Estate Fraud Case You Need to Know

An in-depth analysis of a high-profile commercial real estate fraud case involving Matt Onofrio, highlighting red flags, legal consequences, and lessons for investors. Chapters 00:00 Introduction to the Case Study 02:19 The Rise and Fall of Matt Onofrio 04:44 Understanding the Fraud Scheme 07:28 The Mechanics of the Fraud 10:25 The Consequences of Fraud 12:47 Red Flags to Watch For 17:56 Lessons Learned and Conclusion Links: * IRS Criminal Investigation press release (Dec. 11, 2025): “Architect of massive $420 million bank fraud scheme sentenced to 3 years in prison” [https://www.irs.gov/compliance/criminal-investigation/architect-of-massive-420-million-bank-fraud-scheme-sentenced-to-3-years-in-prison] * KSTP 5 Eyewitness News: “Man behind $420 million bank fraud scheme sentenced to 3 years in prison” [https://kstp.com/kstp-news/local-news/man-behind-420-million-bank-fraud-scheme-sentenced-to-3-years-in-prison/] * InForum: “‘Ringleader’ of vast real estate fraud scheme sentenced to 3 years in prison” [https://www.inforum.com/news/minnesota/ringleader-of-vast-real-estate-fraud-scheme-sentenced-to-3-years-in-prison] Here's the link to my book: https://www.amazon.com/Value-Over-Foundation-Commercial-Investing/dp/B0DNN14NLQ Want to learn more about CRE? investbeyondmultifamily.com/course Use Code for 10% off: tanhtruong  🔋 Support My Channel 🔋 Bitcoin: bc1q2jnv9sn3efhfvc43q5cqe2leev3066cegpyyz5 Sats via Strike: https://strike.me/tanh Dollars via Paypal: https://www.paypal.com/paypalme/tanht Dollars via Venmo: https://account.venmo.com/u/tanh-truong 🌍 Website: https://www.wontonwealth.com ✖️ X: http://www.x.com/tanhtruong 📷 IG: http://www.instagram.com/pro_tanh 🤓 LinkedIn: http://www.linkedin.com/in/tanh-truong-30a18ab0/ ❗ DISCLAIMER: This show is for entertainment purposes only. Before making any decisions consult a professional. This show is copyrighted by Wonton Wealth. Written permission must be granted before syndication or rebroadcasting.

How To Find The Best Partnerships

Tanh Truong shares his extensive experience with real estate partnerships, highlighting lessons learned, red flags, and strategies for successful collaborations in real estate investing. Takeaways 1. Stick with your gut in partnerships. 2. Always have agreements in writing. 3. Leverage partnerships to accelerate growth. 4. Assess partners' values and goals thoroughly. 5. Plan for worst-case scenarios in agreements. Chapters 00:00 Introduction: The Power of Partnerships in Real Estate 00:24 Early Lessons: Partnerships and Future Success 01:13 First Partnership Experience and Key Lessons 02:10 Dealing with Conflicts and Disbanding Partnerships 02:50 Importance of Trust and Gut Feelings 03:46 Lessons from a Deal with a Friend 05:50 The Risks of Verbal Agreements and Unwritten Deals 06:47 Case Study: Novice Investor and Renegotiation 09:05 Current Partnership with Mentor and Formal Agreements 11:39 Why Partnerships Accelerate Growth 13:21 Complementary Skills and the Rocket Fuel Concept 15:16 Types of Partnerships in Real Estate 15:55 Filtering Potential Partners: Values and Goals 17:22 Financial Integrity and Transparency 18:03 Structuring Partnerships with Operating Agreements 19:06 Common Causes of Partnership Failures 19:35 Final Advice: Assess and Audit Your Partnerships Here's the link to my book: https://www.amazon.com/Value-Over-Foundation-Commercial-Investing/dp/B0DNN14NLQ Want to learn more about CRE? investbeyondmultifamily.com/course Use Code for 10% off: tanhtruong  🔋 Support My Channel 🔋 Bitcoin: bc1q2jnv9sn3efhfvc43q5cqe2leev3066cegpyyz5 Sats via Strike: https://strike.me/tanh Dollars via Paypal: https://www.paypal.com/paypalme/tanht Dollars via Venmo: https://account.venmo.com/u/tanh-truong 🌍 Website: https://www.wontonwealth.com ✖️ X: http://www.x.com/tanhtruong 📷 IG: http://www.instagram.com/pro_tanh 🤓 LinkedIn: http://www.linkedin.com/in/tanh-truong-30a18ab0/ ❗ DISCLAIMER: This show is for entertainment purposes only. Before making any decisions consult a professional. This show is copyrighted by Wonton Wealth. Written permission must be granted before syndication or rebroadcasting.

#1 Mistake in Commercial Real Estate Investing

Tanh Truong shares profound insights on the importance of integrity, reputation, and long-term relationships in commercial real estate, emphasizing that trust and character are the true ROI. Takeaways 1. Trust and reputation are the true ROI in CRE. 2. Short-term greed can damage long-term relationships. 3. Scarcity mindset leads to destructive behaviors. 4. Integrity is tested when keeping your word costs you. 5. Reputation is invisible equity that compounds over time. Chapters 00:00 The Cost of Reputation in Real Estate 02:46 Integrity Over Income 05:20 The Importance of Trust in Partnerships 08:19 Lessons from a Personal Experience 11:06 Scarcity vs. Abundance Mindset 13:11 The Invisible Equity of Reputation 15:47 The Long Game in Real Estate 18:06 Integrity in Practice 20:36 The Value of Relationships 22:25 Conclusion: Choose Integrity Over Income Here's the link to my book: https://www.amazon.com/Value-Over-Foundation-Commercial-Investing/dp/B0DNN14NLQ Want to learn more about CRE? investbeyondmultifamily.com/course Use Code for 10% off: tanhtruong  🔋 Support My Channel 🔋 Bitcoin: bc1q2jnv9sn3efhfvc43q5cqe2leev3066cegpyyz5 Sats via Strike: https://strike.me/tanh Dollars via Paypal: https://www.paypal.com/paypalme/tanht Dollars via Venmo: https://account.venmo.com/u/tanh-truong 🌍 Website: https://www.wontonwealth.com ✖️ X: http://www.x.com/tanhtruong 📷 IG: http://www.instagram.com/pro_tanh 🤓 LinkedIn: http://www.linkedin.com/in/tanh-truong-30a18ab0/ ❗ DISCLAIMER: This show is for entertainment purposes only. Before making any decisions consult a professional. This show is copyrighted by Wonton Wealth. Written permission must be granted before syndication or rebroadcasting.