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Updated over 6 years ago on . Most recent reply

User Stats

15
Posts
4
Votes
Cole Shawd
  • Rental Property Investor
  • Sioux Falls, SD (sioux falls)
4
Votes |
15
Posts

Tax Savings on Commercial purchase

Cole Shawd
  • Rental Property Investor
  • Sioux Falls, SD (sioux falls)
Posted
Buying my first commercial property in South Dakota. I talked to my CPA and he stated that there isn’t any tax benefits to purchasing this property INITIALLY. Is this true or is anyone aware of tax savings or reductions when investing in your first property? Buying for $165k. Thanks!

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