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Updated about 2 years ago,

User Stats

27
Posts
6
Votes
Michael Sylver
  • Investor
  • South East
6
Votes |
27
Posts

Bonus Depreciation 2023 STR

Michael Sylver
  • Investor
  • South East
Posted

I've been reading threads... but getting confused. As a high W2 earner I am looking to apply the bonus depreciation in 2023 (my spouse will meet the 100 hour requirement). I'm considering buying 1 STR and 1 LTR. The tax benefit is not the primary driver for my purchase, however it certainly is a factor in the decision if I can deduct 80% depreciation in year 1. If so I may even consider 1 purchase 2023 and then the second in 2024 for the tax benefits.


I'm in process of switching CPA or I'd be asking him to validate.

Thanks all

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