Still writing off property over 27.5 years? I did a cost seg on my last $1.5M...
https://spark-wiki.win/index.php/How_Much_Year_1_Depreciation_Do_You_Get_on_a_$1.5_Million_Rental_Property%3F
Still writing off property over 27.5 years? I did a cost seg on my last $1.5M deal and grabbed over $400k in Year 1 deductions. It sounds aggressive, but keeping that cash instead of paying the IRS was the smartest move I’ve made all year