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How to Save a Fortune with Bonus Depreciation! (Secret Strategy of the Rich)
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The game of wealth has a cheat code—and it’s called bonus depreciation. This powerful strategy can slash your tax bill and create opportunities to keep more of your money working for you instead of handing it over to the IRS. Right now, it’s one of the most valuable tools available to anyone serious about building long-term wealth.
In this video, tax expert Karlton Dennis explains exactly what bonus depreciation is, why it’s more powerful today than ever, and how you can use it to unlock massive savings. He’ll walk you through how this deduction works in practice so you can see just how impactful it can be for your financial future.
By the end, you’ll understand how to approach taxes the same way the wealthy do—strategically, intentionally, and with the right playbook. Bonus depreciation isn’t just a deduction; it’s a pathway to compounding your wealth faster by keeping more of what you earn. Let’s dive in.
CHAPTERS:
0:00 Intro
0:16 What Exactly is Bonus Depreciation?
0:59 What Are the New Rules for Bonus Depreciation?
1:37 Why Does This Matter So Much?
2:46 Bonus Depreciation for Vehicles
4:17 Bonus Depreciation for Real Estate
5:27 Bonus Depreciation for Business Equipment
6:08 Bonus Depreciation for Bitcoin Miners
7:05 The Importance of Proper Documentation
8:00 Outro
*Disclaimer: I am not a financial advisor nor am I an attorney. This information is for entertainment purposes only. It is highly recommended that you speak with a tax professional or tax attorney before performing any of the strategies mentioned in this video. Thank you.
#personalfinance #realestateinvesting #depreciation
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