What's the Minimum Timeframe for Deducting Bonus Depreciation on Property?

Поділитися
Вставка
  • Опубліковано 2 чер 2024
  • You’ve just wrapped up a cost segregation study and are eager to capitalize on bonus depreciation for your rental property. Find out what the regulations say about your rental in-service date to capitalize on the coming deductions.
    What if your involvement in the property was hands-on or managed by others? Discover the nuances of the tax code and how that will affect your tax situation.
    Learn more about the tax benefits of owning real estate on Tax Tuesday.
    TAX TUESDAY LIVE
    Join us every other Tax Tuesday, where you can have your tax questions answered live by our experts entirely FREE. Register Now 👉 aba.link/mnb
    ---------------------------------------------------------------------------------------------------------
    SUBSCRIBE
    aba.link/subscribe
    ~~~~
    FREE TAX & ASSET PROTECTION WORKSHOP
    Register for an upcoming workshop today if you want to protect your business and personal assets from snoopy lawyers and creditors. Save Your Seat: aba.link/mes
    FREE REAL ESTATE INVESTMENT STRATEGY SESSION
    Claim Your FREE 45-minute Investment Strategy Session to receive business planning tips and asset protection. 👉 aba.link/xg7
    OTHER ANDERSON ADVISOR EVENTS
    Learn a rich selection of subjects like tax and asset protection, business, investing, and more. Our partners, attorneys, and other skilled experts will help you learn what you need to know in order to better your chances of success in your professional life.
    aba.link/tobyevents
    ~~~~
    FINANCIAL PLANNING & TAX RESOURCES
    📚 Order Your Copy of "Infinity Investing: How The Rich Get Richer And How You Can Do The Same" Here: 👉👉 👉 aba.link/IIWbook
    Order Your Copy of ”Tax-Wise Business Ownership" and find greater success by taking advantage of tax laws for your business. Here 👉 aba.link/tobyshop
    Visit Anderson Advisor's website for content, like articles, podcasts, and more that we publish alongside my channel. 👉 aba.link/tobyaba
    ~~~~
    FOLLOW US:
    Instagram: aba.link/instagram
    Facebook: aba.link/facebook
    Twitter: aba.link/twitter
    LinkedIn: aba.link/linkedin
    TikTok: / tobymathisesq
    ~~~~
    CONTACT US
    Phone: 800.706.4741
    Email: info@andersonadvisors.com
    Fax: 702.664.0545
    ABOUT TOBY MATHIS
    Toby Mathis, Esq. is the best-selling author of Infinity Investing: How the Rich Get Richer And How You Can Do The Same. Toby is a tax attorney and founded Anderson Business Advisors, one of the most successful law, tax, and estate planning companies in the United States. Learn more at aba.link/tobyaba
    ---------------------------------------------------------------------------------------------------------
    WARNING: I will NEVER ask you to contact me through UA-cam comments, telegram, or WhatsApp. I have a checkmark next to my name, and my comment will be highlighted. Fake accounts do not have that. Please be aware of fake accounts trying to scam you using my name and picture.
    The information provided in this video should not be construed or relied on as legal advice for any specific fact or circumstance. Its content was prepared by Anderson Business Advisors with its main office at 3225 McLeod Drive Suite 100 Las Vegas, Nevada 89121. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship with Anderson Business Advisors or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice.
    #bonusdepreciation #costsegregation

КОМЕНТАРІ • 4

  • @willmallory9085
    @willmallory9085 19 днів тому

    Great topic.

  • @jamesparziale5310
    @jamesparziale5310 19 днів тому

    I'm in the personal storage business and cost segregation is essential to maximizing your after tax bottom line at least in year one. Even if you've owned a building for several years and have not used up the depreciation you can do a cost segregation study.

  • @meritholdingllc123
    @meritholdingllc123 19 днів тому

    What is bonus depreciation?

    • @TobyMathis
      @TobyMathis  18 днів тому

      Hey, I recommend you check out this video of a shorter breakdown of bonus depreciation. ua-cam.com/video/3hW-9DHHeZ0/v-deo.html