Episode Details
Back to Episodes
100% Bonus Depreciation Coming Back? (Do NOT File…Yet) w/Brandon Hall
Description
The biggest real estate tax deduction is coming back. That’s right—100% bonus depreciation is almost cleared for a triumphant return as the House pushed a new tax bill to the Senate, one that includes some massive tax deduction potential for real estate investors and everyday Americans alike. So, why is this SUCH a big deal? We’ve got Brandon Hall, CPA, on to break down why bonus depreciation could save you tens, if not hundreds, of thousands of dollars.
Everyone knows that real estate boasts some of the best tax benefits of any investment in the nation. But, the one tax benefit to rule them all is almost always depreciation. This tax write-off lets you expense a portion of your property every year and can turn your real-life gain into a paper loss, so you keep your cash flow while avoiding taxes. But bonus depreciation is like regular depreciation on steroids. And the tax benefits can be massive.
So, how do you take advantage of this huge tax write-off? What do you need to know BEFORE you take it? And should you hold off on filing before this new bill passes? We’ve got answers to all that and much more in this episode, so stick around!
In This Episode We Cover:
Four of the hottest housing markets in 2024 that we’d flip houses or long-term invest in
The high-priced coastal market that we love…but wouldn’t buy rentals in
A snowy northeast market that has low prices and big rent-by-the-room potential
A sleeper city with a big price tag but solid investing benefits
The not-so-sexy market that made the number-one spot and surprised us all
Unemployment rates, home prices, average rents, and top metrics you MUST check before investing
And So Much More!
Links from the Show
Join the Future of Real Estate Investing with Fundrise
Connect with Other Investors in the “On The Market” Forums
Love PodBriefly?
If you like Podbriefly.com, please consider donating to support the ongoing development.
Support Us