How the New Tax Cuts and Jobs Act Affects Landlords – Hyper Accelerated Depreciation
The new TCJA gives owners of rental properties the ability to take bonus depreciation on newly purchased buildings as well as improvements.Take advantage of this new tax law!
- How the TCJA benefits landlords
- Safe harbors from the tangible property regulations
- How to separate the class lives of each individual building component (whether new or renovated) to take advantage of the TCJA’s 100% bonus depreciation