Trump Tax Cuts for Real Estate Investors

Mike Hambright (00:00.655)
Hey everybody, welcome back to the show. Today we’re gonna be talking about how to drive more money into your bottom line. But we’re really talking about some tax strategies. We’re talking about the Trump bonus depreciation that is very likely coming back here. And we’re talking about it with somebody that knows it more than most, Mr. Joe Viery. So Joe, welcome to the show. Yeah, good to see you. So we were just talking about, well, a whole bunch of stuff. We’re talking about, you know, there’s a lot of real estate investors that leave money on the table because there’s all sorts of tax advantages.

Joe Viery (00:18.37)
Well, thank you, Mike. Good to see you.

Mike Hambright (00:29.721)
to doing certain things that they just don’t know about. And quite frankly, their accountants don’t even usually mention because this isn’t an account. mean, don’t say it’s not an accountants aren’t trained to do this stuff. Like this is some, this is some stuff that’s kind of above and, and beyond. And so excited to have you today. So, Hey, before we jump in, Joe, tell us a little bit about your, because by the way, you run a firm that helps investors do this and save have saved them probably millions or tens of millions of dollars, but you’re actually not an accountant yourself. You’re more of an engineer. that right?

Joe Viery (00:56.142)
Correct. My company, US Tax Advisors Group, Incorporated, we’re an engineering-based company and we provide two types of studies. One is accelerated depreciation, which is called cost segregation. And then we also get involved in the energy tax credits and energy studies, which result from any value add clients improving, fixing up, improving their properties and improving the energy efficiency of the property. There are tax credits and write-offs available.

Mike Hambright (01:24.867)
Yeah, yeah, we’re gonna get into that for those of you that are listening today too. a lot of this stuff, people assume it’s like, I have a rental stuff and I do some cost segregation or I’ve taken the bonus appreciation on that. But what we found out, I know Joe believes this too, because we’ve talked about this in the past, is just getting the message through that there’s actually some significant tax advantages for home flippers. You buy and sell it, it doesn’t matter. But if you put in a new AC unit, you put in new windows, you do, I’ll let you kind of talk more about it when we get to it.

but talk about some things that you’re doing to make the property more efficient. There’s some, I mean, you guys are probably leaving on average two to $5,000, I think that’s probably safe to say, on the table. And this is not tax credit. These are actual two to $5,000, not in tax reduction, but in real dollars. I think I’m saying that right. Yeah. So Joe, as we jump in here, I know we were gonna talk about what’s going on with the renewing.

Joe Viery (02:13.826)
In real credits, correct.

Mike Hambright (02:23.359)
all the Trump tax laws that is probably coming up here this summer. I haven’t seen many people that have saying this is not gonna happen, but it’s the government, so who knows? But the big thing there was the bonus depreciation, allowing you to basically escalate all of your, the cost seg taxes, you can kind of move that all into the first year and get effectively bonus depreciation, right? So.

Tell us a little bit about that and what you know at this point. We’re recording this here in May, kind of mid-May. And so where you think this is going and what this might look like this year.

Joe Viery (02:59.406)
Okay, perfect. Then let me set the table. I’ve been in the industry since 2007 and we did not have bonus. Bonus came about in 2018 and it goes, it’s effective for properties that were purchased.

September of 2017 and what happened is it’s a little bit complex but I’ll dumb it down and make it easy is that when you don’t have bonus what you’re doing is you’re dealing with short-life assets like five-year. Five-year life is the interior of the building like countertops, flooring, window coverings, specialty lighting, etc. And then you have 15-year property which is your land improvements and you’ll always have the main core of the building which is in real property.

Which is for residential 27 and a half year and for commercial 39 year So what happens is when you combine all of those lives? What will happen when you don’t have bonus is that we will calculate the amount of each bucket five year 15 year and the long-term assets but when you do the math because of your your How the math works is if you don’t have bonus you’ll get about 75 to 80 percent in year one the other 20 to 25 percent

goes over the next five years. So you’ll still get the entire amount but you’re gonna have to wait five years to get that final amount. But you’ll get most of it year one. The advantage of bonus is that what we find in the short life assets

All of that, % of it you can deduct in year one. So is it an advantage? Well yeah, because of the time value of money, you always want to get your deductions as soon as possible. You don’t want to wait over time if you can avoid it. So what bonus will bring back is they’ll bring back bada boom, you’ll get the 100 % deduction. Right now, what happened is it went from 100 % from 2017 to 2022, and then every year after, 23 had dropped to

Joe Viery (04:58.128)
24 drops to 60 25 now it’s 40 next year It’s 20 and then it’s gone and so what the new law is going to do it’s it’s going to bring back the 100 % bonus and And they’re going to make it not a short-lived Passing of a rule meaning they’re going to make it permanent. They’re going to say 100 % bonus is permanent

We expect that to be in the new tax law, but it’s, don’t have a crystal ball. They said it was going to be done in April, then they said May. And I just heard Mike Johnson now say that they’re hoping to pass the tax bill in July.

Mike Hambright (05:34.445)
Yeah, 4th of July is whatever they’re hoping to get it passed, but we’ll see. But so one thing to kind of clarify here, Joe, is, for example, before the Trump tax laws came into place, there was always cost segregation, like you said. you could basically, know, normally real estate, like the accounting laws are…

Joe Viery (05:49.837)
Yes.

Mike Hambright (05:54.895)
residential real estate you depreciate over 27 and a half years and that’s on the structure of the whole property, right? But when you put things in like carpet or mini blinds or the things that are clearly not gonna last 27 and a half years, there’s essentially a schedule that says, hey, you can itemize the depreciation where it’s like these things you’re gonna depreciate over five years, these are over longer. What the bonus depreciation does is it allows you to collapse all that into year.

essentially, right? So you should be doing cost segregation with or without these Trump tax laws and this bonus depreciation. You should have been doing this all along because it allows you to accelerate things faster that are never gonna last 27 and a half years. Am I saying that right? Yeah.

Joe Viery (06:30.702)
You are saying that right, but the wrinkle is that until about five, six years ago, the smaller buildings were being ignored by cost and companies. And so what happened is if you had somebody with a single family home, they wouldn’t pencil out the value proposition because I would be charging $3,000, $2,500. And, you know, it wouldn’t be worth paying that amount of money to do the study. Whereas we’ve developed another technique where

Mike Hambright (06:42.051)
Yeah.

Mike Hambright (06:47.95)
Right.

Mike Hambright (06:57.497)
Right?

Joe Viery (07:00.756)
we can do it analytically and we can do a very tight really well done program and we charge under a thousand dollars and so that now opens the world up to a huge bunch of investors but most accountants don’t even know we exist that you can do it.

Mike Hambright (07:08.654)
Yeah.

Mike Hambright (07:18.435)
that it exists, yeah. I forgot about it, because I’ve known you for so long and you’ve done it on all of my properties and I kind of forget that a lot of the world still doesn’t really know this is a thing. Like they’ve known this is a thing for big multifamily commercial, big properties, but you can do this on individual single family homes now and you should by the way. I mean, you save probably 10, 20 X what you pay to have the study done. It’s kind of a no-brainer.

Joe Viery (07:40.27)
Exactly. I like to say the minimum, my, and it’s just something that somebody told me when I first started 10 times my fee. So if I charge you a fee of let’s say $700, I would, would say, it if you save at least seven grand, right? In other words, it, but most of the time it’s not 10. Most of the time what we provide is 20, 30, 40 times the fee.

Mike Hambright (07:54.606)
Yeah, yeah.

Mike Hambright (08:03.503)
And Joe, one thing I wanna, I don’t know if I’m gonna say this right, but one thing, because I own a bunch of multifamily as well. We always, during the last several years, we’ve gotten all that bonus depreciation. I know it’s been kind of winding down. But then there’s a lot of people that are like, well, you have to pay it back when you sell the property and you’re have to reclaim. But the truth is, is any of that stuff, let’s say a bunch of it is five-year cost segregation stuff. If you hold it for more than five years, you don’t have to pay that back, right? Yeah.

Joe Viery (08:28.886)
Right, that’s the advantage. Cost segregation lowers your depreciation recapture because if you have the good example, five-year property, five years down the road, you sell the building for cash. Basically, you’re not going to pay recapture on the five-year property because we’ve identified it. If you didn’t do cost seg, you wouldn’t know what the five-year property is. You can’t make this claim to the IRS. So a third of the 15-year property is also not included in the computations for depreciation recapture. So you’ll always will get depreciation recapture just to be blunt.

Mike Hambright (08:32.889)
Right.

Joe Viery (08:58.8)
and straight you will get it but it will be less if you segregate the building.

Mike Hambright (09:03.587)
Yep, yep. So Joe, one of the things that we talked about up front is that you’re not an accountant, you’re an engineer, you figured out a process to do this that the IRS is fine with. And your average accountant, this is what I’ve kind of realized, you know, being in a place where I’m an advisor to hundreds of the top real estate investors, people are always like, hey, I need a new accountant. And I’m like, do you need a paper filler outter or do you need a strategist? Like there’s a very, very, very big difference.

when you have a business of any significance, really, when you have a business of any size, is to like, the truth is, is most accountants, most like, you know, Main Street accountants.

are good at filling out forms, but they’re not strategists where they’re working with entrepreneurs to basically help them figure out ways to minimize their tax bill. And so I realized a long time ago, like I don’t need somebody to fill out the forms. I mean, I need somebody to do that. But, and then what you find out is you can find the strategy firms, like the folks that I’ve worked with for a long, long time. They’re like, yeah, we’ll do all the paperwork because it kind of comes with the territory, that’s not like, don’t, don’t, you know, don’t.

Don’t work with us for that. Like we’re gonna help you minimize your tax bill. And they’re looking for things like this, right? They kind of know where the bones are buried. They’re looking for strategies to help real estate investors or all entrepreneurs save money. So let’s talk with that said, let’s talk a little bit about why most accountants don’t even know this exists. They’re not gonna necessarily probably even bring it up to you. And they actually can’t even do these studies, right? They can’t do that themselves. They work with folks like you to do this, right?

Joe Viery (10:34.83)
No, that’s correct. Basically, in speaking around the nation, I always get asked one question is, give us your, know, something you can recommend, a tip or whatever. And I say, look, you got to surround yourself by people who are very, you know, they’re real estate specific. And the number one is going to be the accountant.

You have many different accountants out there, but to find one who knows all of the strategies that are legal and available to you. The reason why they don’t is because if you’re, if your accountant, for example, works with a lot of people who work at Costco and only has, have a handful of people in real estate, they there’s 7,000 pages, something like that of, of tax law. They don’t know about depreciation. They do not know how to do cost segregation.

Because they can’t so my advice is surround yourself by a team of people who are very well educated and Especially in real estate and I don’t care if you pay more you are gonna save money By finding that person even though their fee might be higher You are gonna get so much benefit from an accountant who knows real estate that it it’ll it’ll pay whatever extra you pay

Mike Hambright (11:42.189)
yeah.

Mike Hambright (11:53.999)
Yeah, yeah, I learned that early on. had a fairly, you know, we started this is early on in my career, 15, 17 years ago, we started working with somebody that really knew tax strategy. And it was like expensive, but I realized for every hour I pay that person, like by the hour, they were saving me like 20 X, what we were paying them or more. And it’s just like, they just talk differently. They’re like, here’s a way to do that. They’re not like, here’s how to do it.

Joe Viery (12:13.954)
Yeah.

Mike Hambright (12:21.945)
Here are some ideas strategically on how to minimize your tax bill, which I think all of us as entrepreneurs clearly feel like we’ve paid more than our fair share. So anything we can find, you’re basically paying for that knowledge of people that have figured out how to work with entrepreneurs and how to help us minimize our tax bill.

Joe Viery (12:40.322)
And that’s why being around people like you.

Are is so valuable because you know you put together in the room all kinds of people who you know who know Real estate and can provide you with great knowledge Rather than you taking the time to learn it yourself forget about it You’re just wasting your time just you know to call Mike and ask him if you need whatever you need whether it’s accounting whether it’s it’s entity structure Whether it’s it’s you know how to buy and sell properties if you pay and find

somebody who’s good at it, you will save money and that’s how the people in your mastermind created WealthMike is that they did that by being a part of the group.

Mike Hambright (13:23.399)
Yeah, no, I appreciate that, Joe. So let’s talk a little bit about, just to kind of tie, kind of put a bow on that last conversation about working with your accountant, is you guys prepare a report that you just hand to their accountant and say, this is how to account for that, right? mean, you kind of work hand in hand with folks’ accountants, right?

Joe Viery (13:41.58)
Yes, yes, what we do is we will provide the report. We will help them if they do not know how to implement the report. But again, if you find the right accountant, they should know how to implement what we give them, all the numbers that we give them. And again, like you said, we’re not the accountants and what we do, this is important in cause said, we use your, meaning the building owners or their accountants numbers. We don’t make up the numbers.

Mike Hambright (13:53.945)
Right.

Joe Viery (14:06.626)
A lot of people think we make up the numbers, but I need to know what your accountant is going to assign to the building basis. I don’t assign the building basis because what the building basis is, it’s whatever you bought the property for, less the land part because land is not depreciable. So somebody is going to have to figure out what the land’s worth. And then that is the building basis. And so we work off of the number given to us by the accountant and then we do our work and we give them the results and they apply it in the tax return.

Mike Hambright (14:36.985)
Yeah, that’s great. Let’s talk about some of the ways to save money that investors often miss. And I’ll say that I think everything we just talked about so far on the show is, at least in my circles, there’s a lot that still don’t quite understand everything we just talked about here. But you guys should reach out to Joe and talk to him about that after the fact, how he can help you. But is rehabbers, so they often think, well, I’m not keeping the property, they can’t.

use the bonus depreciation stuff, they can’t, like they don’t need to create a cost segregation study on a house that they’re.

that they’re fixin’ flipping. However, if you’re selling to investors, you should advise them on how to do that because you can save them money. mean, people want to work with you more. If it’s gonna be a buy and hold, if you’re selling it to somebody that’s probably gonna keep it as a rental, you should be notifying them. mean, if you wanna work with them again, just provide goodwill to say, hey, here’s a way that you can save a ton of money in your first year. Let me connect you with somebody like Joe’s company here that could do that for you. However, there’s a whole bunch of tax benefits that rehabbers…

And I’m talking to guys that are doing hundreds of deals a year, just don’t even know they exist. so talk to us about some of the other things that are out there right now. And I guess what that’s looking like these days in terms of, these things that are winding down, picking back up? Do you see the current administration putting more of these types of things in place? Cause they’re generally kind of pro business and certainly even pro real estate. I guess tell us a little bit about what some of those examples are and then let’s talk about what that looks like in the coming years, maybe.

Joe Viery (16:09.922)
Well, one of the areas that I see a lot of building owners not taking advantage of are dispositions.

Okay, that’s pretty important and a lot of people ignore that. So if you’re a value add, if that is your model, value add, basically what you’re doing is we know what you’re doing. You’re buying a property that needs work and you’re ripping stuff out and you’re throwing it away. And every time you throw something away, that has residual basis or value, which means you need to write that off. So let’s use the example of a roof. You have to replace the roof and you take, and basically you’re gonna take the old roof off and throw it away and put a new

roof on. We already know what the new roof is worth because you’re a contractor for the cost of the roof. But you don’t know what the old roof cost because that’s what we do when we break down the building, cause segregation. So we will give you the keys to that kingdom and the IRS wants you to dispose of that roof and you want dispositions because dispositions are write-off. They’re the number one level of taxation. In other words, write-offs are gold and you want to throw that old roof away and I find a lot

of building owners and their accounts just because they don’t do cost said don’t know what the value of all these components are and they don’t take advantage of that and that’s just like money hanging on a tree you want to grab as much of that fruit as you can

Mike Hambright (17:30.477)
Yeah, so the example is, said, like if I said, let’s just say carpet is typically like a five year depreciation on cost seg. So let’s use carpet as an example. If you are like me and you put, don’t, by the way, I do not use carpet in rentals anymore. Like several years ago, we’re like, we’re never using carpet again. But for a long time we did because it was really the cheapest flooring, but it’s inevitable that it has to be replaced almost every time we have turnover with a tenant. But if we got the cost seg study and,

Joe Viery (17:46.136)
Yeah.

Mike Hambright (17:59.631)
and you said, hey, this isn’t going to last 27 and a half years, it’s going last five years. And you have a tenant in there for one year or two years, and they tore it up and you have to replace it. You don’t have to continue to expense that over five years. That was effectively the same as bonus depreciation. Just write it off now because it’s gone. Put the new carpet in, or don’t do that if you’re listening to this. And then you’re going to restart the clock at another five years, depending on the bonus depreciation situation. So all that stuff that people are tearing out that is somewhere in this cost seg study that’s still being depreciated every

year, you can accelerate that because it’s gone now, right? Yeah.

Joe Viery (18:32.992)
Exactly and that’s what we do as engineers. We break apart how that building basis, so in other words we don’t care what a two by four cost at Home Depot. That’s irrelevant. We allocate what the two by fours cost compared to the basis of the building. So if your building basis is 500,000 all of our math has to equal 500,000 and we break down all of the components of the building and all the components would be just like you said roofing, know HVAC system,

electrical, we break down all the components of the building so when you do need to throw something away you know what the residual value is.

Mike Hambright (19:10.103)
Right, yeah, that’s great. That’s great. And your accountant will know too if you have this study, right? Because it has basically a schedule of what’s being depreciated over what period of time, right? Yeah, yeah. So let’s talk about some other things that rehabbers are missing out on. I know that there’s some incentives out there for making houses more energy efficient and things like that. And it’s…

Joe Viery (19:19.659)
Exactly.

Mike Hambright (19:33.443)
The amazing thing about this is it’s stuff that a lot of people listening to this right now are already doing. They just don’t know what the process is for how to get, you know, three, $5,000 back for every house that they flip. So can you talk about that a little bit?

Joe Viery (19:47.566)
Yes, and what happens, you mentioned depreciation recapture. And because of recapture, we tell our clients, prospective clients, that they should plan on holding the building at least a year and a half to two years. So therefore, flippers were not, I don’t advise a flipper to get involved in cost segregation, accelerating the depreciation expense, because the math doesn’t work out. But let’s say now, one thing that a flipper can do is if they are a value add flipper, which most all are, you’re

going in there and you’re remodeling, you’re renovating the building, most likely you’re increasing the energy efficiency of the building. And as long as my engineer can attest to you’re over 50 % better than the baseline, which of course we know what the baseline is for the properties, and it does change by location and lot of factors, but if you get 50 % over that target, you can get a tax credit called 45L. And guess what?

can do this going back three years even if you sold the building.

So even if you sold the building, however, we are gonna need to know what you did. You can’t make it up, we don’t do makeup stuff. So basically you’re gonna have to have records that show what you did in the building that you sold two and a half years ago. We need to know what HVAC you put in, the lighting, the insulation, the doors, the windows. We do have to document it and make sure it’s accurate. But as long as you can tell us what you did, we can go back and you can get a tax credit that range between 2,000 and 5,000 per door.

And for a multifamily, you have 100 doors. That’s a lot of money. But even a single family home, you can get a tax credit of $2,000 to $5,000.

Mike Hambright (21:33.167)
Yeah, that’s amazing. because a lot of us are, you know, replacing the HVAC system, sometimes putting in new windows, sometimes blowing in new insulation, almost always putting in new light fixtures and a lot of that stuff. You know, you don’t have to necessarily go.

Like if you’re let’s just say if you’re a rehabber, like for example, I generally don’t pick out my light fixtures because we just use the same ones over and over and over again. But they tend to be, you know, we’re removing something that’s been up there for 15, 20 years and we’re putting in something that probably has an LED component that naturally is more efficient anyway. So for the rehabbers that are out there, they don’t have to go pick out.

Joe Viery (21:58.423)
Great.

Mike Hambright (22:12.449)
some much more expensive fixtures and all this stuff necessarily. They don’t have to, you know, go pick out something from a special store. This is stuff they’re probably doing anyway. You just have to document it. Is that right?

Joe Viery (22:23.394)
Yeah, you know what, when you go to nowadays most of your Home Depot, I’ll pick on them, Home Depot, I would be shocked if they’re selling anything that’s not energy efficient.

Mike Hambright (22:33.038)
Right.

Joe Viery (22:33.784)
They just don’t, you don’t buy a light for a residence nowadays without it being LED or some energy efficient type of a light. The same thing goes all the way down the road. HVAC, maybe you could go super, super cheap and get one with the Sear value, which is their value of the output of the unit. mean, maybe, but most of you out there don’t go that cheap. You just buy what is a standard HVAC system. All of them are

Mike Hambright (22:41.028)
Yep.

Joe Viery (23:03.888)
energy compliant. All that needs to be done is our engineer needs to document that yes you’ve met this threshold and you can get the tax credit and that’s what we we charge you for and that’s the report we give to you and to your accountant.

Mike Hambright (23:16.751)
And these are the types of things that you just accumulate a report for each property and give to your accountant at the end of the year. Is that how it works Joe? Yeah, that’s great. So what are like, in terms of these, you know, let’s just say the current administration is probably generally more business friendly from a tax standpoint. They understand the pain, especially on the real estate side. They generally.

Joe Viery (23:23.65)
Correct. Yeah.

Mike Hambright (23:44.589)
you know, think that a lot of the environmental type stuff has gone way overboard and is a huge burden on real estate investors. So for some of these like energy type efficiency things or any other benefits, like where do you see that going over the next couple of years? And is there anything that’s that you know, that’s been kind of at least brought up that it might be in the tax bill to kind of benefit entrepreneurs and or real estate investors like us.

Joe Viery (24:11.598)
Well, as far as energy goes, know what you’re referring to. There has been some discussion that they may be, you know, some of the energy.

other strategies out there. But as far as what I’m talking about, the 45L and 179D, I think that it is past the point of no return. They may be able to take some of the other energy tax credits you get, but not the ones I’m referring to because…

I don’t think the public would go for it. In other words, they’re not going to pull these tax credits off the table. Could they? Of course they could. They could also do that for cost seg, but it’s past the point of no return because we’ve been accelerating depreciation for 50 years. So for them to try and take it away, I mean, they could try, but I don’t see the motivation for it.

Mike Hambright (24:53.741)
Right.

Mike Hambright (24:57.412)
Yeah, yeah.

Mike Hambright (25:03.727)
Yeah, well, and I’m saying more of like, what other things do you see coming up? Cause there, you know, there were rumors before they’re not going to allow anybody to have a gas ovens. It’s like, it’s all going to go to electric. It’s like, well, that’s all just coal powered anyway, but it doesn’t, a of that stuff doesn’t make sense. But I don’t know if there’s anything else that might be coming that you think would benefit us that we should keep our ear to the ground on. Yeah.

Joe Viery (25:22.349)
Not

Not on my radar my radar is everything is just and once they get that new tax bill approved And if it does of course include they don’t have to to to include a hundred percent bonus But we all know that that’s what they want to do But I don’t anticipate anything new coming out. I think it’s just just a hundred percent bonus is gonna make everybody feel really good Again, I don’t look at it that way because you’re still gonna get the same amount after five years and most of my clients don’t buy properties and sell them in three

years they do hold them.

Mike Hambright (25:54.755)
Yeah, and you might not know this yet, but do you think for, we’re in this year now where the bonus appreciation is down to 40%. Will that be retroactive where you can probably push forward anything you have that’s kind of in that cycle right now or do you not know that yet?

Joe Viery (26:10.798)
There’s been a lot of scuttlebutt going back and forth on how they’re going to play this out. Are they going to allow us to go back to 2023 and bump that 80 % up to 100? We don’t know. And there’s been a lot of rumors that it’s going to be effective immediately going forward. There’s a lot of rumors, hey, it’s going to go back. And somehow they’re going to get it so that you can claim the 100 % bonus going back. But we don’t know yet.

Mike Hambright (26:15.268)
Yeah.

Mike Hambright (26:36.803)
Yep, yep.

Well, Joe, if folks, mean, one of the ways for you guys to know, have your ear to the ground here, what’s going on is not for you to be watching the news every day to see what’s going on. It’s just to be in proximity to guys like Joe that are looking out for you, that can kind of tell you what to do and having a good, as you said earlier on, having a good team around you. Of course, being in the mastermind like Investor Fuel, where we’re talking about this stuff all the time, But Joe, if folks want to connect with you to learn more about how, you know, if they hit any of those things, by the way, I’ve always loved when people

come into Investor Fuel and they haven’t done the bonus depreciation. Of course, a few years ago it was even better when you’ve got guys coming in with 100, 200 rentals. They’ve never done the bonus depreciation. I was like, oh my God, let me show you how you can save hundreds of thousands of dollars this year. I’m gonna connect you with a guy named Joe and he’s gonna knock your socks off. But for those of you that I haven’t had a conversation with yet, how do folks get a hold of you and how do they learn more?

Joe Viery (27:29.452)
Well, it’s simple. It’s U.S. Tax Advisors Group, Inc. But really simple, USTAGI.com.

Mike Hambright (27:38.841)
awesome.

Joe Viery (27:39.008)
And one thing they’re going to get, going be taken to a, they can ask for our no cost estimate. We do the first round to see if it makes sense for you. We do that at no charge. So you’ll go online. You can give us the information we need on the property for either the energy studies or cost seg. And we will get back to you. We’ll tell you how much and we’ll tell you how much benefit you’re going to get. And then you decide whether that’s right for you. And if you say yes, then we’re off to the races.

Mike Hambright (28:07.523)
Yeah, that’s great. That’s great. Awesome. Well, Joe, great to see you today. Yeah, always good.

Joe Viery (28:11.796)
It’s in you, Mike. This is a pleasure. Yep, always good.

Mike Hambright (28:14.251)
Guys, gotta squeeze as much of the juice as you can out of this fruit that you’re harvesting right now. Even in the market we’ve been in, it’s been a bumpy road. You need to make sure that you’re making and maximizing your profits for sure. And some of that is just by paying less in taxes, or finding ways to get some of these amazing credits that you might not even know have existed. And the fact that you can go back three years, for those of you that have flipped a bunch of houses over the last three years, that you can go back and get $2,000 $5,000 for each of those you flipped is pretty amazing. So make sure you’re talking

to Joe, make sure you’re keeping your ear to the ground and another way to do that is by being on the inside at Investor Fuel. So you can always learn more at InvestorFuel.com. Appreciate you guys, hope you got some good insights from today. Hopefully you saved a bunch of money. If you did, shoot me a message. love to hear those success stories of people either making or saving more money because of something they heard through us. So appreciate you guys a ton. We’ll see you on the next show. Take care.