New Depreciation Rules

According to an article written by the CPAs at BKD, there is opportunity in the new Tax Cuts and Jobs Act that will allow real estate investors of both residential and commercial properties to take advantage of a 100% bonus depreciation in the year of acquisition between now and 12/31/2022. So if you've been thinking about exchanging out of your current real estate investment, now might be excatly the right time. Read more about it here. And then call me, so we can get your property prepared for market.


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