180. Taking Advantage of Taxes in Self Storage | Leveraging Depreciation w/ Yonah Weiss
Self Storage Income
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Do You Know When to Do a Cost Egg?
The depreciation is based on the purchase price. Even if it's refinance for a higher value later on, that doesn't change. If you're doing renovations, at what point should you do the cost egg? Most of the time, it's going to be beneficial. Any property purchase for over $500,000 has gone down in recent years.
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