Tax Law Changes for Real Estate Investors
Impact of Tax Law Changes on Real Estate Investments The Tax Cuts and Jobs Act of 2017 has tax professionals working overtime in order to understand all the changes for this tax year. Not only does the new tax law impact working individuals and corporations, it also changes that effect real estate investments. Changes to Bonus Depreciation Previously, bonus depreciation for property placed in service was as follows: 50% for 2017 40% for 2018 30% for 2019 Additionally, the qua