CHAPTER 16 Tax Benefits of Owing Real Estat eal Estate - Warning! 100% bonus depreciation deduction for real estat eal estate ends in 2023 TAX BENEFITS FOR REAL ES R REAL ESTATES INVES TES INVESTORS Because both federal change and state local taxes can vary, there’s no specific guidance I can give about that here.
However, please understand that the tax ramifications of any kind of real estate investing will depend on your particular location and circumstances as well as annual changes in the tax code.
I strongly recommended that you consult with a CPA or tax attorney before beginning any real estate transaction or investment. With that said, at the time that I write this book, there are some general tax-related benefits for real estate investors that I want you to know about.
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