The biggest is coming back. That’s right—100% is almost cleared for a triumphant return as the House pushed a new tax bill to the Senate, one that includes some massive tax deduction potential for real estate investors and everyday Americans alike. So, why is this SUCH a big deal?

In today’s Real Estate Podcast, from the BiggerPockets Real Estate Podcast, Brandon Hall, CPA, breaks down why bonus depreciation could save you tens, if not hundreds, of thousands of dollars.

Everyone knows that real estate boasts some of the best tax benefits of any investment in the nation. But, the one tax benefit to rule them all is almost always depreciation. This tax write-off lets you expense a portion of your property every year and can turn your real-life gain into a paper loss, so you keep your cash flow while . But bonus depreciation is like regular on steroids. And the tax benefits can be massive.

So, how do you take advantage of this huge tax write-off? What do you need to know BEFORE you take it? And should you hold off on filing before this new bill passes? We’ve got answers to all that and much more in this episode, so stick around!

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