FAQ
In a Nutshell…. Increased Depreciation Expenses.
But, you say, I already take a Depreciation Expense against Taxable Income on my Rental Property…
That’s true but what most people don’t know, including over 90% of Commercial Property Investors according to the Journal of Accountancy, is that you can take Depreciation Expenses from the Future and Apply them in the Present to Reduce your Tax Liability and Increase Cash Flow Now.
We at TaxDepPro have created a dynamic automated system that allows you to reap rapid & significant depreciation deductions by allowing us to break the cost of your rental property into components without the onerous cost of hiring a consultant.
Best of all, our methods are fully compliant with the rules set forth by the IRS.
Every property and tax situation is different but the benefit depends mostly on the Value of the Rental Home.
Benefit will usually range between 15% and 30% of the home’s value.
For Example, if you bought a new Rental Home for $350,000.
Your Rental Home Refund would normally range between $50,000 and $100,000 in tax benefit.
Typical return on investment for using TaxDepPro is 10 to 1.
Sometimes multiples more.
Never less than 5 to 1.
It all comes back to Increased Depreciation Expenses.
Our IRS-compliant practice allows a rental property owner to maximize depreciation up front.
Which Reduces Taxable Income.
Tell him you’re increasing your present year expenses by segregating your property between 1245 personal property and 1250 real property, allowing you to front-load depreciation expenses of your rental property to take a much greater deduction for the present year.
You can file online yourself but you will have to send in physical attachments if your property was not purchased in the present tax year.