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Updated almost 5 years ago,

User Stats

37
Posts
5
Votes
Sulaiman Shah
  • Real Estate Investor
  • Staten Island, NY
5
Votes |
37
Posts

New Tax Benefit for Real Estate Investors

Sulaiman Shah
  • Real Estate Investor
  • Staten Island, NY
Posted

I went on my computer to read the news and the first thing I saw was this article. It talked about how the stimulus bill has a huge yet very little known change that will greatly benefit investors earning 500k or more. 

Here is the link:

https://www.nytimes.com/2020/03/26/business/coronavirus-real-estate-investors-stimulus.html

From what I understand is that investors earning over 500k or more will not be limited to deprecation over the next few years. (I dont fully understand it)

But I would love to hear other people's and investors thought and comments on this.