Work With US
Tax Strategy 365
Tax Preparation
Blogs and Podcast
Free Tools

Blogs+Podcasts

The #1 Expense for Real Estate Investors in 2022

March 14, 2022

 

On todayā€™s episode of the LearnLikeaCPA podcast, we talked about the #1 expense for real estate investors to take advantage of in 2022.

 

I always like to say depreciation is the 8th wonder of the world. Itā€™s the most important and impactful expense for real estate investors to take advantage of. Remember, you can only depreciate the building value, and not the land. If you look at the Tax Assessment Statement on your county assessorā€™s website, you can see how much of the property value is in the building itself, and how much is assigned to the land. This is especially important if youā€™re comparing two similar properties - if one has more value assigned to the building, then that may be the way to go.

 

If you want to learn more about this powerful tax savings tool, be sure to check out todayā€™s episode!

If you are reading this and you find this information useful, there's dozens of other cool strategies that might be able to work for you. Whenever you are ready, fill out an application form to see how my team and I can help you.

Fill Out Application Form