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The Academy Presents podcast

Apr 3, 2023

Bernard Reisz, CPA is a financial strategist and educator at who helps real estate investors elevate their ROI and wealth growth by leveraging real estate title and tax tools. He serves as the Chief Education Officer at ReSure Financial, where he curates a website to educate investors on topics like 1031 Exchange, Cost Segregation, and 401k/IRA. Bernard's expertise in financial, tax, real estate, and legal topics has made him a sought-after guest on numerous forums, where he shares his straight-talk and unique insights on various aspects of real estate tax matters. He is well-versed in advanced tax strategies such as UBIT, UBTI, UDFI, 453 Installment Sales, and more.



Are you interested in real estate investing, but feeling overwhelmed by the various tools available? In this episode, we sit down with Bernard from Reshore Financial to learn about the importance of title and escrow in real estate transactions. From clearing title to settlement statements, Bernard emphasizes the need for expertise, communication, and responsiveness during the closing process. But that's not all - we also dive into the world of depreciation deductions and cost segregation studies, exploring how investors can take advantage of accelerated depreciation in year one. Whether you're a beginner or a seasoned pro, this podcast will give you valuable insights into the tools available for real estate investing success. Tune in now!




[00:01 - 06:28] What are The Different Tools in Real Estate Investing

  • Understand the different tools in real estate investing, such as cost segregation, 1031 exchanges, retirement accounts, and title and escrow
  • Expertise and responsiveness are crucial in resolving title issues and closing deals on time


[06:29 - 12:45] Understanding the Importance of Settlement Statements and Title Insurance in Real Estate Transactions

  • Disbursements involve lender funds to escrow, dispersing funds to the seller, and buyer deposits going through the disburser
  • Settlement statement is key for determining depreciation deductions for real property and tangible personal property


[12:46 - 19:17] Maximizing Tax Benefits through Cost Segregation Study and Proper Allocation Analysis

  • A clear settlement statement leads to a cost segregation study
  • Bonus depreciation is 100% if property was purchased and placed in service in 2022


[19:18 - 26:42] Closing Segment



Tweetable Quotes:

“Real estate provides awesome depreciation deductions.” – Bernard Reisz


“So a key part of tax strategy and to be able to claim depreciation deductions if you wanna get them for the current year, is make sure that it's at least available to rent.” – Bernard Reisz


You can connect with Bernard Reisz through his:


Social Media: LinkedIn


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