Cut Your Tax Bill With Real Estate (CPA Explains 100% Bonus Depreciation)

CPA Homer K. Ambrose and lender Patrick Langhans (CrossCountry Mortgage) explain how owning real estate can lower your tax bill: the new tax law changes, 100% bonus depreciation, cost segregation studies, Real Estate Professional status, the short-term rental exception for W-2 earners, real client case studies, and how to finance your next investment property. 📅 Book a tax strategy call with Homer: https://taxplanningwithhomerkambrosecpa.as... Homer K. Ambrose, CPA, APC | (858) 231-4721 | homer@homerkambrosecpa.com Appointments: mandie@homerkambrosecpa.com | www.homerkambrosecpa.com 🏠 Finance your next investment property with Patrick: Patrick Langhans, Loan Officer, NMLS #135159, CrossCountry Mortgage 303-956-9764 | patrick.langhans@ccm.com https://crosscountrymortgage.com/englewood... CHAPTERS 0:00 Contact info 0:08 Welcome 2:16 Meet Homer K. Ambrose, CPA 3:02 New tax law changes 5:44 What is bonus depreciation and cost segregation? 8:01 Who qualifies: Real Estate Professional and short-term rentals 10:57 Activities that do and don't count toward 750 hours 13:55 Depreciation examples and loss rules 15:16 Real client case studies 27:27 What happens when you sell? Recapture and 1031 exchanges 31:13 Financing investment properties (DSCR and more) 39:31 Patrick's contact info and Q&A 41:24 Granby Ranch new construction (sponsor) 43:30 More Q&A 47:43 Wrap-up Tax information in this video is educational and general in nature. Consult your own tax professional about your situation. Equal Housing Opportunity. All loans subject to underwriting approval. Certain restrictions apply. Call for details. CrossCountry Mortgage, LLC NMLS3029 (www.nmlsconsumeraccess.org). #realestateinvesting #taxstrategy #bonusdepreciation #costsegregation #shorttermrental