#101. Erich Feierabend—The Investor Who Found “Real Money” in Cost Segregation

In this episode of the Income Flip Podcast, Eric Feierabend shares how his family's deep roots in real estate, from an appraiser grandfather to a residential realtor mother, shaped a career spanning private banking, national property tax consulting, and commercial real estate development. Eric breaks down how he went from advising Fortune 125 companies on property tax to launching his own real estate acquisition partnership, closing his first deal within ten days and later developing a Starbucks from a vacant lot. He explains how becoming a client of CSSI led him to join the company full time, and walks through exactly how cost segregation studies work, how investors can reclassify property components into faster depreciation schedules to unlock major tax savings, and how that saved money can be redeployed to buy the next asset and keep compounding. He also covers which asset classes benefit most, how look-back studies work on properties bought years ago, and why timing matters with 100% bonus depreciation currently in place.