The Rich Somers Report cover image

The One Big Beautiful Bill: How the Biggest Tax Cuts in History Affect You | Amanda Han E373

The Rich Somers Report

00:00

Maximizing Tax Benefits through Depreciation

This chapter explores the return of 100% bonus depreciation and its significant impact on investments in real estate and business assets, highlighting the urgent need for property owners to capitalize on these tax advantages. It also clarifies the distinctions between Code Section 179 and bonus depreciation, showcasing effective strategies for maximizing write-offs for high-income business owners, particularly in the context of vehicle acquisitions.

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