But, I don't own any commercial buildings...
Tom Brodie
I help building owners unlock the federal tax savings in their buildings! I specialize in Cost Segregation, the Research & Development Tax Credit, Section 179D, and the Work Opportunity Tax Credit.
...I just have rent houses.
?I hear this over and over from real estate investors building their portfolios! Then I ask them the question, “Do you receive rent for your houses?
?When they say “Of course!” that’s when I remind them that rent houses ARE COMMERCIAL BUILDINGS!
?I can almost see the “light bulb” going off over their head!
?As owners of commercial buildings, real estate investors CAN use cost segregation and accelerated depreciation to reduce the income taxes they owe on their rental income!
?Even with “passive income” it’s smart to reduce the income taxes you pay as much as you can. For investors with several “rent houses” in their portfolio, the savings from one cost seg study can reduce the income not just from the studied house, but from ALL your rent houses!
?Contact me for a No-Cost estimate of the income tax reducing potential of your properties! There is still time to save on 2022 income taxes!!