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"There will be bank FAILURES" - Fed's Jerome Powell
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The Differences Between Bonus Depreciation and a Cost Segregation
The first thing I want to say here is that tax strategies should never be DIY, especially as it pertains to real estate investing. If you’re not already working with a real estate savvy CPA, it’s important that you do so.
That being said, here’s what you need to know: a cost segregation study allows you to take advantage of bonus deprecation. These two strategies go hand-in-hand. During a cost segregation study, a specialized cost segregation engineer will review the components of the property and evaluate each for accelerated depreciation.
How to Get Started in Real Estate with No Money
If you don’t have any money for real estate investing, you’ll have to find deals and people. There are a few ways to go about this. You could go door-to-door looking for wholesaling deals or start making connections at your local real estate investing meetups. I’d also suggest reading Getting The Money by Susan Lassiter-Lyons. https://amzn.to/3trR9sY
Why Home Prices Are So High
Home prices are a simple result of supply and demand. We have a huge affordable housing crisis in the United States; there’s just not enough housing. Another thing to consider is that because of inflation, the prices of everything have skyrocketed, including housing.
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DISCLAIMER: I am not a financial adviser. I only express my opinion based on my experience. Your experience may be different. These videos are for educational and inspirational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. There is no guarantee of gains or losses on investments.
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