Bonus Depreciation Increase
March 27, 2018
How to take advantage:
- Increased to 100% until 2023, then phases down 20% per year after that
- Applies to old property and used property
Transcript
So, if you buy a building and you do a cost segregation study and part of that building is allocated to personal property associated with the building, you get to write that off in the year you buy it. That's a major change. A major bonus for real estate.