Again, I’m not the expert here. Just reporting the news!
4.9K views6 months ago0m 44sScore: 75
John Bianchi
beginner
Tax Strategy
Profitability
Expenses
Summary
The video discusses a potential change in tax law where 100% bonus depreciation could return, which could mean a greater tax savings on a short-term rental property. Currently, the bonus amount is 40%. If the bonus goes back to 100%, the tax savings for a $500,000 home could jump from $22,200 to $55,500.