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Sachs Realty uncovers truths in the housing market, commercial real estate, and the U..S. economy. New episodes posted weekly with Host, Todd Sachs, a Maryland Real Estate Broker who has been serving the real estate industry since 1989. Here you’ll enjoy great interviews, commentary, and professional opinions from around the globe. Listen to hear truths and opinions you won’t hear on Main Stream Media.
Episodes
Wednesday Mar 24, 2021
Real Estate Cost Segregation; Depreciating Rental Properties
Wednesday Mar 24, 2021
Wednesday Mar 24, 2021
Depending on your type of real estate investment, the actual structure can be depreciated over 27 ½ or 39 years. Cost Segregation is the process of identifying the property's related costs, where such costs may be depreciated over an accelerated period of 5, 7 and 15 years.
This process can save you thousands of dollars of potential tax liability on your taxable income. Many of the items that qualify for accelerated depreciation, simply won't last for 27 ½ or 39 years, such as kitchen cabinets, carpeting, appliances, etc.
At Sachs Realty, we are not Attorneys or CPA's and this episode is simply for informational purposes only and reflects only opinions. Please seek competent legal and tax advise prior to making any decisions.
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Watch this episode on YouTube: https://youtu.be/08QhpYIZqsA