1031 Exchange and Bonus Depreciation: Key Information for Investors
If you’re thinking of doing a 1031 exchange, you need to understand how depreciation is handled before you move forward. Otherwise, you could lose out
If you’re thinking of doing a 1031 exchange, you need to understand how depreciation is handled before you move forward. Otherwise, you could lose out
The ink is drying on the check you just wrote to your retirement account, to maximize your deductions for last years tax bill. Now, where
Real estate investors can legally enjoy the benefits of the US Government’s tax incentives as we stimulate the economy by buying real estate. However, the bonus depreciation on real estate reduced further to 60% in 2024.
One of the best ways to let your money work for you is to delay paying the tax man, and let those dollars work to increase your profit. Bonus depreciation is another tool in the chest to that end.