Do You Qualify? - Non RE Pro < 100K
Congratulations. You are in an EXCELLENT position to take advantage of the Go Zone.There is some minimum deductions allowed where you can use up to $25,000 of the Bonus Depreciation in the first year. However, this will also be determined by your other losses that you typically claim. Complete Form (include phone number)=>One way to think about this is you can get Uncle Sam to pay for that investment property that you have always been talking about buying. Please Note: This is not TAX advise. Please consult your tax advisor with your specific situation. |