YouTube doesn't want you know this subscribers secret
Get Free YouTube Subscribers, Views and Likes

Bonus Depreciation: How the Rich Avoid Taxes (Legally) with Real Estate

Follow
BiggerPockets

Get UNLIMITED access to property owner phone numbers and contact information with DealMachine: https://www.dealmachine.com/bp'>https://www.dealmachine.com/bp

How do the rich avoid taxes? Simple: bonus depreciation. This real estate tax writeoff lets those who own investment properties eliminate a MASSIVE amount of taxes every year, saving them tens of thousands of dollars come tax time. This almost unbelievable tax deduction was supposed to fade away over the next couple of years but is making a welcome comeback, as 100% bonus depreciation could be back on the table VERY soon!

So, how do you take advantage of one of the biggest and best tax writeoffs in the real estate investing realm? Stick around because on this Mortgage Monday, Christian and David explain how bonus depreciation works, who can take it, how to use it against your active income to pay ZERO (or far less) in taxes, and how Christian got a property for free using this same strategy.

Say goodbye to skiptracing! Unlock unlimited property owner information TODAY: https://www.dealmachine.com/bp'>https://www.dealmachine.com/bp

~~~~
Join BiggerPockets for FREE
https://www.biggerpockets.com/signup?...
~~~~
Find an InvestorFriendly Agent in Your Area:
http://biggerpockets.com/agentmatch
~~~~
Find InvestorFriendly Lenders:
http://biggerpockets.com/findlenders
~~~~
Pick Up Your Copy of “The Book on Tax Strategies for the Savvy Real Estate Investor”:
https://store.biggerpockets.com/produ...
~~~~
Grab David’s BestSelling Real Estate Investing Books:
https://store.biggerpockets.com/colle...
~~~~
Check Out Another Mortgage Monday Video:
   • Mortgage Monday  
~~~~
What Is Bonus Depreciation And How Does It Work?
https://www.biggerpockets.com/blog/bo...
~~~~
Work with The One Brokerage:
Website: https://the1brokerage.com/
Email: [email protected]
Intake Email: [email protected]
Christian Bachelder NMLS 1668250
One Brokerage NMLS 2142653
~~~~
Work with David:
Website: https://www.davidgreene24.com/
YouTube:    / @davidgreene24  
~~~~
Connect with Christian and David on BiggerPockets:
Christian: https://www.biggerpockets.com/users/c...
David: https://www.biggerpockets.com/users/d...
~~~~
Follow Christian and David on Instagram:
Christian: @the_one_broker or   / the_one_broker  
David: @davidgreene24 or   / davidgreene24  

00:00 It's Tax Season...Again!?
01:22 Sponsor: DealMachine!
02:24 Bonus Depreciation 101
05:11 The "Cost Segregation" Study
06:52 "Shield" Your Income From Taxes
08:07 This PAID for My Down Payment!
10:18 100% Bonus Depreciation Coming Back!?
12:39 Who Should Use It?
14:10 Work with Christian and David!

posted by nosora7a