Buy, Borrow & Die
The WealthAbility Show with Tom Wheelwright, CPA
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The Advantage in Real Estate
In the new tax law, bonus depreciation is a big deal. You can deduct immediately everything except everything you bought except for the land in the building. So on average, we would expect an average purchase to be about 30% deductible. The advantage real estate has that the other tie that the stocks for the most part don't have is I can still sell that real estate even though there's a gain on and not pay tax.
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