The Pomp Podcast cover image

#1201 Build Wealth with Real Estate: Strategies for 2023 | Build or Die Real Estate Conference

The Pomp Podcast

00:00

How to Use Bonus Depreciation to Offset Income

The client sold the company for $100 million and bought a bunch of gas stations. He was able to get upwards of 15 $17 million of depreciation out there, because he couldn't depreciate the land again. The deal equated into like $7 million of tax savings right there. So, yeah, that's a good deal for someone who had a big exit.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app