2min chapter

Car Dealership Guy Podcast cover image

#16 How much money auto repair shops make, Pros and cons of franchising, How to avoid big repair bills, Will robots start changing tires? | Brian Beers, President of Prenlyn Automotive Group

Car Dealership Guy Podcast

CHAPTER

How to Take Advantage of Real Estate Tax Shelters

It depends on how you set it up. You can do like cost tags or you buy and appreciate the building. The main thing is has to do with bonus depreciation, where we can accelerate a purchase. We might put 50 grand down and buy something for $300,000 and of that 300 200,000, let's say his assets, we can then write off basically $200,000 that year even though we only had 50 grand into the deal.

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