ilmscore | Prediction Details
"Instead, you're going to do a much bigger depreciation because this is what your accountant can do. They can look at different things in your building, in your property, and say, 'Hm, instead, we're going to take a $35,000 depreciation in year 1.'"
By Minority Mindset | June 21, 2025 | Pending
From video
The IRS Doesn’t Want You To Know This (But The Rich Use It Daily) 00:17:09 - 00:17:22
Interpreted Prediction
Accelerated depreciation allows for a larger depreciation deduction in the initial years of an asset's life, potentially reaching $35,000 in the first year for a property.

Prediction Details

Topic
Accelerated Depreciation

Comments

0 comments

Be the first to share your thoughts.

Like this prediction?

Join to make your opinion count.