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29 July 2024 | 1 reply
Added bonus would be being able to operate out of a savings account to allow some interest income on my reserves.
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29 July 2024 | 0 replies
Here’s an example of bonus depreciation.HOW CAN I USE THIS AS A PLANNING TOOL?
27 July 2024 | 4 replies
I think you took it out of context.You can only use bonus depreciation one time because once you've used it, you've used it.
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28 July 2024 | 6 replies
Maybe go for a commission based bonus structure to take it to the next level!
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27 July 2024 | 1 reply
Bonus points if it also is great for maintenance requests and managing current tenant communications.
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29 July 2024 | 13 replies
Whether it was regular depreciation or bonus depreciation from cost segregation - same treatment basically: no immediate tax consequences.
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29 July 2024 | 17 replies
Bonus points if your property can facilitate the construction of ADUs for extra income.
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23 July 2024 | 2 replies
Cost segregation is a popular tax deferral strategy and there is often confusion as to the difference between bonus depreciation and reclassification.Bonus DepreciationBonus depreciation is a tax incentive that allows a business to immediately deduct a large percentage of the purchase price of eligible assets, such as washers and dryers, rather than write them off over the "useful life" of that asset.
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26 July 2024 | 2 replies
An added bonus is I'm not swarmed by day laborers, as well as my trucks don't get broken into.
25 July 2024 | 10 replies
Just found out that Connecticut disallows section 168k & section 179 bonus depreciation.