In this example, I share my experience working with a client focused on RV parks. Together with external investors, we strategically acquired and upgraded multiple parks, significantly increasing their value and revenue streams. For every park, my detailed cost segregation assessments were pivotal in realizing maximum financial gains. This example highlights the value of my expertise for those investing in commercial real estate, particularly with a focus on RV parks.
In this discussion, I highlight an intriguing facet of my expertise. When clients are updating, say, light fixtures – swapping old ones for new LEDs and discarding the old ones – I can derive value from what seems like mere waste. Those discarded fixtures? I can recapture about 25 to 30% of their original retail value. It might sound like we're talking about mere debris, but it translates to tangible savings on their tax return. We've run some initial numbers, and for this specific building, we're eyeing potential tax savings close to an impressive $1.3 million.
I was once introduced to an interesting project in New Mexico by a CPA – an indoor gun range. But that's just one example. The same CPA has also entrusted me with retail and industrial projects, showcasing the range and diversity of assignments they believe I can handle. These strong ties with CPAs have proven invaluable. They recognize the breadth of my expertise, consistently referring diverse projects my way. It's more than just business; it's a testament to the trust and collaborative spirit we share, leading to improved cashflow for our mutual clients.
Investing in a commercial property, such as a condominium, offers compelling financial benefits, like the potential of a $100,000 deferred federal tax deduction. This deduction can significantly offset an investor's primary income. As an illustration, consider an attorney from Nashville. Though their primary income comes from their legal practice, the tax advantages from investing in a condo in places like Gulf Shores or Orange Beach, Alabama, can enhance their financial portfolio. It's a valuable insight many investors might not initially recognize when considering such ventures.
I've been assisting military clients in leveraging VA regulations to their advantage, ensuring they're used correctly to consolidate multiple commercial real estate investments. Most of these are single family homes, condominiums, and townhouses, set up as either long-term or short-term rentals. My work spans across the Gulf Coast, and I've had the pleasure of partnering with numerous clients in the military sector. It's been a rewarding journey to aid these individuals in maximizing their real estate investments.
