RENT Magazine Q4'23

THE TAX CONSEQUENCES OF MISSING OUT ON BONUS DEPRECIATION

In the world of commercial real estate investment, opportunities abound, but the fear of missing out on a key financial advantage can haunt even the most seasoned investors. One such advantage that demands the attention of every shrewd investor today is bonus depreciation.

WHAT IS BONUS DEPRECIATION

Bonus depreciation is a tax incentive that allows commercial real estate investors to accelerate the depreciation of certain property assets, thereby reducing their taxable income and ultimately saving on taxes. Enacted as part of the Tax Cuts and Jobs Act of 2017, this provision has been a gamechanger for real estate investors, offering a unique opportunity to supercharge their returns.

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