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180. Taking Advantage of Taxes in Self Storage | Leveraging Depreciation w/ Yonah Weiss

Self Storage Income

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How Can I Use Depreciation to Lower My Taxes?

The first thing we always like to do is on any property, run an upfront, free estimate or feasibility analysis. We're able to see what the potential tax savings would be. People think about, oh, bonus depreciation, this is a great one to get all these deductions. And then they come to their tax plan, like, well, you can't actually use very much of them at all.

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