Multifamily Investing is the Future with Vinney Chopra - Episode 16

“100% Bonus Is Back: Breaking Down the Big Beautiful Bill” Game-Changing Tax Moves for CRE Owners & Investors

Summary In this episode of the Getting to the CORE podcast, host Terry Judge breaks down the powerful new tax legislation that’s sending waves through the real estate and business world: 100% Bonus Depreciation is officially back—starting January 20, 2025, through 2030.Terry explores how this change—dubbed the Big Beautiful Bill—creates massive opportunities for commercial property owners, investors, and developers looking to accelerate depreciation and maximize their cash flow over the next 5+ years. He also dives into: * The difference between 179 expensing and bonus depreciation * The critical importance of quality in cost segregation services * Why R&D tax credits continue to be underutilized * How to leverage this new window for long-term tax strategy and compliance This isn’t just a tax update—it’s a blueprint for smarter investing, deeper deductions, and lasting advantage in the real estate space. If you own or plan to acquire property in the next 5 years, this is a must-listen. Takeaways The new tax bill has significant implications for real estate investors. 100% bonus depreciation is back and retroactive to January 19, 2025. Investors can plan their tax strategies for the next five years without interruptions. 179 expensing has increased to allow write-offs up to $2.5 million. R&D tax credits can now be expensed in year one, benefiting many businesses. Quality in cost segregation is crucial for maximizing tax benefits. CORE Solutions has maintained zero disallowances in 20 years of service. The importance of thorough engineering analysis in tax reporting cannot be overstated. Investors are energized and ready to move forward with new acquisitions. Trust and reliability are key factors in choosing a tax strategy provider. SummaryIn this episode of the Getting to the Core podcast, Terry Judge discusses the recent tax bill's implications for real estate investors, focusing on the reinstatement of 100% bonus depreciation and its retroactive benefits. The conversation also covers the importance of quality in cost segregation services, the advantages of 179 expensing, and the significance of research and development tax credits. Throughout the discussion, the emphasis is on providing reliable and thorough tax strategies to help clients maximize their benefits while ensuring compliance with IRS regulations.TakeawaysThe new tax bill has significant implications for real estate investors.100% bonus depreciation is back and retroactive to January 19, 2025.Investors can plan their tax strategies for the next five years without interruptions.179 expensing has increased to allow write-offs up to $2.5 million.R&D tax credits can now be expensed in year one, benefiting many businesses.Quality in cost segregation is crucial for maximizing tax benefits.CORE Solutions has maintained zero disallowances in 20 years of service.The importance of thorough engineering analysis in tax reporting cannot be overstated.Investors are energized and ready to move forward with new acquisitions.Trust and reliability are key factors in choosing a tax strategy provider.Chapters00:00 Introduction to CORE Solutions and Recent Developments00:49 Impact of the New Tax Bill on Real Estate02:57 100% Bonus Depreciation: A Game Changer08:51 Understanding 179 Expensing and Its Benefits11:30 Research and Development Tax Credits Explained17:09 The Importance of Quality in Cost Segregation23:09 Conclusion: Trust and Reliability in Tax Strategies

From Military to Millionaire: Vince Gethings' Journey

In this conversation, Terry Judge interviews Vince Gethings, an entrepreneur and real estate investor with a military background. They discuss Vince's journey from military service to entrepreneurship, the influence of his parents' entrepreneurial spirit, and his initial foray into real estate investing. Vince shares insights on scaling his investments, transitioning from single-family homes to multifamily properties, and the challenges of managing a diverse portfolio across different states. The conversation also touches on investment strategies, property evaluation, and the importance of adapting to market conditions. In this conversation, Vince Gethings shares his insights on navigating the multifamily real estate market, particularly in the DFW area, post-COVID. He discusses the importance of area median income as a key performance indicator, the underwriting and due diligence process, and the significance of cost segregation in maximizing property value. Vince also emphasizes the benefits of in-house property management, his future goals for scaling his business, and the importance of coaching and mentorship in real estate. He concludes with thoughts on work-life balance and personal growth. Takeaways Vince's entrepreneurial journey was influenced by his parents' businesses. He joined the military and started investing in real estate in 2013. The VA home loan allowed him to house hack and gain equity. He scaled his portfolio to 20 units before transitioning to multifamily. Vince emphasizes the importance of education in real estate investing. He shifted focus to the Dallas Fort Worth market for growth. Managing a diverse portfolio across states became challenging. Vince's strategy includes syndications and joint ventures. He prioritizes higher quality assets in his investment strategy. COVID impacted the performance of different property classes. B class properties are performing well in the current market. Area median income is crucial for investment decisions. A good unit mix is essential for minimizing turnover. On-site inspections reveal insights not visible in spreadsheets. Early access provisions can streamline due diligence. Contract lawyers should specialize in the relevant state. Cost segregation is vital for tax savings and investor attraction. In-house property management can improve expense management. Coaching and mentorship are key to success in real estate. Work-life balance is important for long-term sustainability. Chapters 00:00 Introduction and Background 03:09 Military Influence and Entrepreneurial Journey 05:59 Scaling Real Estate Investments 08:53 Transitioning to Multifamily Investments 11:49 Current Portfolio and Market Focus 15:13 Challenges of Managing a Diverse Portfolio 18:06 Investment Strategies and Property Evaluation 22:04 Navigating the Multifamily Market Post-COVID 24:04 Underwriting and Due Diligence Process 27:24 Key Steps in Closing a Deal 30:14 Maximizing Value Through Cost Segregation 35:50 Future Goals and Market Outlook 40:01 In-House Property Management Benefits 42:50 Coaching and Mentorship in Real Estate 46:01 Work-Life Balance and Personal Growth

Multifamily Investing is the Future with Vinney Chopra - Episode 16

It wasn't easy for Vinney Chopra when he first came to America from India. With only $7 in his pocket, he set out for the land of opportunity. After studying mechanical engineering, Vinnye's dream was to become an entrepreneur. Fast forward now he owns thousands of units, doing millions of deals, has written a couple of books and has been developing projects. His success isn't overnight, it took him 15 years to get to where he is at now. Join us as Vinny shares his secrets to success with all those who are willing to listen and succeed just like him! Let's get to the CORE! In this episode, we explore: 0:20 Introduction 2:25 Vinny's story 4:50 Opportunities knock on our doors 9:10 Built portfolio 7 years 10:16 52/62 million deal 12:04 Tier Investing 14:18 Multifamily shortage 16:05 Supply of Seniors 21:05 Hotel is also like multifamily 23:02 Property Improvement Plan 24:08 Brands that Vinny buy 26:50 Changing game plan 28:26 Bonus Depreciation / Cost segregation 33:09 10/31 Exchange 36:44 Vinnychopra.com Connecting with the Guest: LinkedIn: https://www.linkedin.com/in/vinney-smile-chopra/ [https://www.linkedin.com/in/vinney-smile-chopra/] Website: https://vinneychopra.com/ [https://vinneychopra.com/] Connecting with CORE: Website: https://coresolutionsgroup.net/ Facebook:https://www.facebook.com/CORESolutionsGroup LinkedIn: https://www.linkedin.com/company/core-solutions-group/ Instagram: https://www.instagram.com/terry_judge/ Youtube: https://www.youtube.com/channel/UCCFyk0Puy8kP-xtA4Ebd0yA #realestate #multifamily #costsegregation

How A Supermom Got Into Real Estate Investing To Spend Time With Her Family with Anna Kelley - Episode 15

Investing in real estate sounds like a big, risky undertaking but Anna Kelley joins us today to share her perspective on investing in real estate.  It all started back in 2003 when she first got into flipping houses for profit. As a mother who already works full-time, Anna had decided to re-focus her time on work and more time on spending quality time with her children — so after some thinking, she finally invested in properties and made enough success to replace her six-figure salary. Today Anna has built herself up from a small businesswoman to someone who controls many investments (all while still being present as a mother). But, every mother knows well, that it is never easy. Today, we’ll hear some great tips about motherhood and investing from Anna. Join us as we get to the CORE! In this episode, we explore: 0:17 Introduction 6:52 About Anna 10:28 Flipping Houses 13:38 Tenants are stable 14:24 Forced appreciation 15:41 Looked risky to banks 19:28 Current plans 21:14 Anna's Portfolio 24:16 Assest class 25:21 Hard Economic Times 26:52 High end vacation rentals 30:03 Seller Financing 36:23 Subject Two 38:04 Diversification 41:45 Advice to starters 43:44 Greaterpurposecapital.com / REImom.com 44:32 Cost segregation Connecting with the Guest: Facebook: https://www.facebook.com/annakelleyreimom [https://www.facebook.com/annakelleyreimom] Website: https://reimom.com/ [https://reimom.com/] Connecting with CORE: Website: https://coresolutionsgroup.net/  Facebook:https://www.facebook.com/CORESolutionsGroup  LinkedIn: https://www.linkedin.com/company/core-solutions-group/  Instagram: https://www.instagram.com/terry_judge/   Youtube: https://www.youtube.com/channel/UCCFyk0Puy8kP-xtA4Ebd0yA #realestate #multifamily #costsegregation

The Incredible Impact of Cost Segregation on Multifamily Investing with Jens Nielsen - Episode 14

Jens Nielsen is a multi-family investor and a business coach, leveraging off his experience and connections he has helped other multi-family investors buy their first duplex and their next several duplexes. He owns a real estate investing company called Open Doors Capital. His company's mission is to help his clients understand how real estate can unlock capital for retirement and freedom.  Jens is a true professional, and very detail-oriented which is why we loved working with him at CORE Advisors. Like many rockstar multifamily operators, he understands the very profitable synergy between multifamily and cost segregation. In this episode we're gonna talk about getting into real estate, having multiple sources of income, networking, and a whole lot more. In this episode, we explore: 03:09 – Open Doors Capital 05:47 – Getting Started   08:49 – Multiple Source of Income 11:00 – Networking 13:01 – Real Estate in the future 15:33 – Cost Segregation 18:00 – CPA Process 20:32 – Mastermind Classes Connecting with the Guest: Linkedin: https://www.linkedin.com/in/jens-nielsen-multi-family-real-estate-coach/ Website: https://odcfund.com/  Connecting with CORE: Website: https://coresolutionsgroup.net/ Facebook:https://www.facebook.com/CORESolutionsGroup LinkedIn: https://www.linkedin.com/company/core-solutions-group/ Instagram: https://www.instagram.com/terry_judge/ Youtube: https://www.youtube.com/channel/UCCFyk0Puy8kP-xtA4Ebd0yA #realestateagent  #multifamily #costsegregation