Nathan Sosa, Head of National Tax at Hall CPA, brings his expertise to the table, discussing crucial 2025 tax updates for real estate investors. They dive into the uncertain future of bonus depreciation and the implications of possible tax rate changes. The conversation highlights the SALT deduction and its potential reforms, as well as survival strategies to navigate the shifting landscape. Sosa emphasizes the importance of preparation and tracking legislative developments to optimize tax savings, ensuring listeners stay informed and ready.
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insights INSIGHT
Potential Tax Increase
Expiration of the Tax Cuts and Jobs Act could mean a 22% tax increase for average Americans.
This includes higher tax brackets, reduced standard deductions, and lower estate exemptions.
insights INSIGHT
Relevant Tax Changes
Key changes relevant to real estate investors include 100% bonus depreciation and the Qualified Business Income (QBI) deduction.
Raising the SALT cap will also benefit those in high-tax states.
insights INSIGHT
Bonus Depreciation Cost
The Congressional Budget Office has only scored 100% bonus depreciation, not lower percentages.
The cost of 100% bonus depreciation is estimated at $378 billion.
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In this episode, Thomas and Nathan Sosa take a deep dive into the potential 2025 tax changes that could reshape the landscape for real estate investors. They outline what may happen if the Tax Cuts and Jobs Act expires, how bonus depreciation could come back (or not), and what you need to do to prepare now so you’re not caught off-guard.
They discuss:
- Tax Brackets & QBI: How rates could shift in 2025—and why that matters for your business income.
- 100% Bonus Depreciation: Whether it might return, why it’s a hot-button issue, and how to plan for different outcomes.
- SALT Deduction & Carried Interest: Why these provisions make headlines, what reforms might occur, and how changes could affect you.
- Legislative Timing: The critical milestones for budget reconciliation and what to expect from Congress in 2025.
- Survival Strategies: Extending your returns, tracking key bills, and taking advantage of planning opportunities to minimize taxes.
To become a client, request a consultation from Hall CPA, PLLC at go.therealestatecpa.com/3KSEev6
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