00:00A billionaire buys a massive skyscraper and technically claims it is losing millions every
00:04single month. They utilize a mechanism called cost segregation to pretend their pristine
00:10new building is rapidly rotting away. Standard rules force you to depreciate property over
00:16decades, but the ultra-wealthy play by different math. High net worth investors hire specialized
00:22engineers to deconstruct an entire building into thousands of specific component parts.
00:27They reclassify fixtures, carpets, and landscaping as separate assets that supposedly expire in
00:35only five years. This aggressive accounting manufactures massive paper losses that instantly
00:41cancel out real profits on their internal ledger. You pay heavy income tax while they create artificial
00:47deficits to shield their massive pools of cash. Specialized tax laws allow them to front-load
00:54these deductions and erase millions in their current liabilities.
Yorumlar