#144 - Depreciation, Cost Segs, and the IRS Rules Pilots Miss with Brandon Hall

#144 - Depreciation, Cost Segs, and the IRS Rules Pilots Miss with Brandon Hall

January 27, 2026 · 1h 0m · Episode 144

About this episode

Tait Duryea and Brandon Hall discuss the complexities of depreciation in real estate investing and its implications for high earners.

Tait Duryea is joined by Brandon Hall to break down one of the most misunderstood tools in real estate investing: depreciation. From straight-line depreciation to cost segregation and 100 percent bonus depreciation, this episode explains how so-called “phantom losses” can legally reduce or even eliminate taxable income for pilots and other high earners. They also cover depreciation recapture, common investor mistakes, and why experienced investors think in decades, not tax years. Brandon Hall is the founder of Hall CPA, widely known as The Real Estate CPA. After working at Ernst & Young and PwC, he left the corporate world to build a national firm focused exclusively on real estate investors. His team supports everyone from first-time landlords to large syndications and funds, with a practical, no-nonsense approach to depreciation, cost segregation, and long-term tax strategy. Show notes: (0:00) Intro (01:14) What depreciation really is (03:06) Brandon’s CPA and real estate background (09:20) Why assets depreciate while values rise (11:15) Straight-line depreciation explained (14:01) Leverage and real estate returns (18:42) Tax losses vs operating income (20:57) Cost…

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