Joel Dobrin’s Post

🚨 Ignoring depreciation? Here’s what you’re risking: - Overstating asset value on your book - Inaccurate tax filings leading to penalties - Missed insights on when to replace or repair assets Fam-Ally ensures your depreciation tracking is always accurate, compliant, and stress-free. Ready to minimize risks? #DepreciationTracking #AssetManagement #FinancialAccuracy #TaxCompliance #BusinessRisks #AssetValue #FamAlly

Here's a breakdown of three common myths surrounding depreciation that you should know! ❌️ Depreciation is a physical loss of value ✅ It's a systematic allocation of asset costs over time, not necessarily physical deterioration. ❌️ Depreciation reduces an asset's market value ✅ It impacts accounting values, not market prices, which fluctuate independently. ❌️ Accelerated depreciation always maximizes tax benefits. ✅ Tax savings depend on various factors, not just the depreciation method used Which depreciation myths have you come across? Comment below!

Benefits of increasing depreciation - Converting ordinary income into capital gains income - Deferring income until a gain on the sale of the property is realized. Visit Expert Cost Segregation #Expertcostsegregation #taxdepreciation #propertyinvestment

Accelerate your depreciation and boost your cash flow with DIY Cost Segregation! Our official cost segregation reports are based on nearly two decades of research and experience, ensuring accurate and valuable results for your property. From residential units to commercial buildings, we offer cost-effective solutions to enhance your tax savings. Visit our website to learn more and generate your report in minutes! . . . . . #CostSegregation #RealEstateInvesting #TaxSavings #PropertyInvestment #Depreciation #RealEstateDevelopers #FinancialSuccess #TaxStrategies #CashFlow #RealEstateTips #InvestmentStrategies #MaximizeROI

Common myths about bonus depreciation: 1. It's only for new properties - used properties are also eligible 2. It's a one-time event - it can be applied to your improvement outlays as well. This can lead to MASSIVE tax savings if leveraged correctly.

Account depreciation is a method used in accounting to allocate the cost of a tangible asset over its useful life. This process reflects how the asset’s value declines due to wear and tear, age, or obsolescence. Depreciation is critical because it impacts a company’s financial statements, reducing taxable income and accurately representing the true value of assets over time. #Depreciation #Assets #AccountingPrinciples Michael Osho

What if your depreciation outpaces your income when you apply a cost segregation study?  Imagine this: You've got $300k in taxable income, but then you do a cost seg on a $1.5M property, scoring a $350k loss in Year 1.  Result? A $50k leftover loss, now carried forward as a Net Operating Loss (NOL).  Many savvy investors keep buying properties, creating an NOL snowball that keeps their taxable income at a cool $0 every year.  #RealEstateTips #TaxStrategy #CostSegregation

🏠💡 Unlock the power of DIY Tax Savings in real estate investments through Accelerated Depreciation! Learn how this strategy can optimize cash flow and maximize returns for smart investors. Check out the insightful article here: https://lnkd.in/gB69AyNW . . . . . #CostSegregation #RealEstateInvesting #TaxSavings #PropertyInvestment #Depreciation #RealEstateDevelopers #FinancialSuccess #TaxStrategies #CashFlow #RealEstateTips #InvestmentStrategies #MaximizeROI

1031 exchanges: It’s not just about tax deferral, but strategic growth! 📈 Swap properties to diversify your portfolio, increase purchasing power, and keep your capital working for you. But remember, timing is crucial - 45 days to identify, 180 to close.

Property investors who leverage depreciation can greatly enhance their financial outcomes. By understanding how to maximise property deductions, they can reduce taxable income and improve cash flow. For a deeper dive into the benefits of depreciation, be sure to read this article. https://lnkd.in/gkZ4s4BS #PropertyInvestment #DepreciationBenefits #WealthBuilding #InvestorEducation #CashFlowStrategy