Alternative Investing Mastery Series
Access Replay for Session 49:
How to Cut Taxes on Passive Income with Cost Seg & Bonus Depreciation
Don’t Miss This Replay
Learn from some of the biggest names in investing about how you can win with this downturn.
What You’ll Learn In This Replay
What cost segregation is and how it works
How bonus depreciation enhances tax benefits
Why it’s valuable for passive investors
When and how passive losses can offset gains
Key difference between active and passive losses
Live Q&A to give you the answers you need
August 30th - Sponsor Due Diligence Mastery
September 3rd - AI’s Practical Uses for Business Owners and Investors
Date TBD - More to be announced
Meet Your Presenters
Elijah Randall
Investor Relations Specialist, Passive Investing Mastery
Prior to joining Passive Investing Mastery, Elijah owned a residential construction company, where he led the rehabilitation of more than 2,000 single-family homes and pioneered innovative estimating software, enhancing industry efficiency. Elijah has personally invested in over 60 single-family flips and rentals, demonstrating a deep understanding of market dynamics.
With a strong relationship with Patrick spanning over 25 years, he has brought his 15 years of experience in real estate and customer support into commercial real estate and alternative assets. Elijah has established himself as a seasoned professional with a keen eye for smart investments and a commitment to outstanding investor relations.
Patrick Grimes
CEO/Founder, Passive Investing Mastery: Diversified Litigation Portfolio, Diversified Medical Receivables Portfolio, Recessionary Acquisitions Fund, Recessionary Income Fund, PIM Rapid Lending
Patrick’s portfolio is diversified across energy, litigation finance, medical receivables, commercial lending, and acquisitions, including retail, industrial, and thousands of apartment units. He has developed a range of diversified passive investments focused on growth and cash flow. He speaks on stages nationally, co-authored Amazon #1 best-sellers 'Lesson From Thought Leaders,' and 'Pivotal Leadership,' also an e-book Barnes & Noble #1 Best-Seller, and is a member of the Forbes Business Council, contributing articles on investing and commercial real estate.
For investors who want recession-aware, low-correlation alternatives to traditional markets, Patrick offers four core strategies: (1) PIM’s Diversified Litigation Finance Portfolio, built to provide investors with non-correlated growth by funding a diversified pool of lawsuits through contingency-fee law firms; (2) PIM’s Medical Receivables Portfolio, for investors seeking non-correlated cash flow and growth through financing medical practices’ accounts receivable—billed claims for services already rendered. Patrick also offers two commercial real estate funds, both capitalizing on the downturn in commercial real estate: (3) an Acquisitions Fund, targeting growth through opportunistic property acquisitions, and (4) an Income Fund, targeting stable cash flow through a diversified portfolio of commercial real estate loans.
Patrick holds a BS in Mechanical Engineering and both an MBA and MS in Engineering from San Jose State University. An avid adventurer, he resides in Honolulu, Hawaii.
Nathan Sosa
Manager, National Tax Department and the Audit Defense Division at Hall CPA
Nathan Sosa, CPA, MST, is the Manager of both the National Tax Department and the Audit Defense Division at Hall CPA. He specializes in consulting on technical tax issues, including Qualified Opportunity Zone structuring, partnership matters, and Section 469 considerations within the real estate industry and small business sector. Nathan also provides professional guidance to tax professionals and accountants, offering insights into complex tax strategies and compliance matters.
Yonah Weiss
Business Director, Madison SPECS
Yonah is a powerhouse with property owners’ tax savings. As Business Director at Madison SPECS, a national Cost Segregation leader, he has assisted clients in saving over a Billion dollars on taxes through cost segregation. He has a background in teaching and a passion for real estate and helping others. He’s a real estate investor and host of the top podcast Weiss Advice.