Self Storage Income

← Self Storage Income14 jul · 44 min

357. How to Add 6-Figure Cash Flow to Your Storage Business with Cost Segregation

357. How to Add 6-Figure Cash Flow to Your Storage Business with Cost Segregation14 jul44 min

Most self storage investors focus on things like increasing revenue, maximizing occupancy, and mastering operations.

But not enough of them play defense.

Depreciation is a powerful tool that can save your self storage business thousands—potentially even hundreds of thousands—in taxes, but few are harnessing its full power. Brian Liles and Brian Broussard from CSSI have done it for over 65,000 facilities to date.

With a cost segregation study, you could accelerate depreciation on your self storage facility’s components, creating a massive paper loss this tax year that puts more of your hard-earned dollars back in your pocket today.

For many self storage owners, one or two of these cost segregation studies can create enough cash flow to fund major upgrades or even buy the next self storage facility. Whether you’re acquiring an existing facility, building new construction, or looking to catch up on tax deductions, these are real, practical strategies you can put to work right away.

What you’ll learn in today’s show:

The enormous tax benefits many self storage owners are overlooking

Creating six-figure cash flow with depreciation deductions

How to accelerate depreciation with a cost segregation study

How to claim “catch-up” deductions on an existing self storage facility

Strategies that allow you to stack multiple benefits for bigger tax savings