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Bonus Depreciation: Offsetting Passive Income

What is bonus depreciation, and how does it offset passive income?  Bonus Depreciation is a tax incentive put into place by Congress to speed up the depreciation of a  property allowing taxpayers to immediately reduce their short-term taxable income by the cost of depreciable assets.

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Investor Mindset: Finding Your Why

Feeling stuck in the daily routine? Working hard but still not achieving success? Have you ever thought about how you measure success? Is it through fame, wealth, or power? The question of what makes someone successful and ultimately happy has been studied for almost a century.

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BREAKING DOWN AFFORDABILITY

LAYERS OF THE LOW-INCOME HOUSING TAX CREDIT (LIHTC) PROGRAM The Low-Income Housing Tax Credit (LIHTC) program was created via the Tax Reform Act of 1986 and nearly three million affordable housing units were built or “placed in service” between 1987 and 2015, per the Department of Housing and Urban Development (HUD).

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