Sep 8, 2021

Title: Why Cost Segregation is Too Good to be True with Frank Giudici

A Civil Engineer by degree, Frank spent 15-years in the Construction Management industry working for two top-ranked Builders with project experience ranging from high-rise, luxury apartment buildings to nanotech manufacturing facilities. Now, Frank is a Business Development Director in the Cost Segregation industry helping to set the record straight!!!

Let’s tune in to his story!

[00:01 - 04:13] Opening Segment

• Get to know my guest Frank Giudici
• Frank shares how he found himself in the cost segregation industry 
• • Getting scammed, doing due diligence, and educating others

[04:14 - 14:52] Why Cost Segregation is Too Good to be True 

• What is Cost Segregation? 
• • Frank talks about the nature of cost segregation 
  • “A strategy that allows people to take advantage the time value of money.”
• Personal Properties and Land Improvements
• Why the Time Value of Money Matters
• • How do you generate liquid cash?

[14:53 - 30:31] Facing Cost Segregation Head On

• Frank discusses the changes in tax codes
• • Bonus Depreciation to stimulate the new economy
  • The Game Changer: Tax Cuts and Jobs Act of 2017 
• You can take advantage of cost segregation and depreciation.
• A journey around the world to set the record straight in cost segregation
• • American Society of Cost Segregation Professionals
  • “Giving you what you rightfully deserve and no more.”

[30:32 - 32:42] Closing Segment

• Final words
• Connect with my guest, Frank in the links below

Tweetable Quotes

“Depreciation is a good thing.  Depreciation allows you to use the deduction on asset income and you’ve got tax savings.” - Frank Giudici

“We’re not getting people any more depreciation than what their CPA allocates to them in the very beginning.” - Frank Giudici

“You just need to make sure that you’re working with a provider that’s going to do what’s in your best interest to choose a conservative cost segregation estimate for you to make educated decisions.” - Frank Giudici

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Reach Frank through fgiudici@bedfordteam.com, 518-898-6603, and LinkedIn

Listen to his podcast: Bedford Podcast

Check out his website: www.bedfordteam.com 

WANT TO LEARN MORE?

Connect with me through LinkedIn

Or send me an email sujata@luxe-cap.com 

Visit my website www.luxe-cap.com or my Youtube channel

Thanks for tuning in!  

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