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 qualified property had to be new, not used. However, under the new law, the bonus depreciation schedule for a property placed is: 100% for property placed in service after Sept. 27, 2017 and before 2023 80% for 2023 60% for

Question: What has happened nine times since 2009? Answer: Stock market sell offs in the 10% range, all with quick recoveries. Bloomberg has a great article out that discusses each major sell off we’ve experienced since 2009, what the causes were, how bad it was, and, most importantly, how quickly it took to recover. It’s a quick read and a good perspective on what we’re experiencing currently. Take a look: Far from Unprecedented: Nine Selloffs Like This, and Nine Rebounds If you have any questions, please do not hesitate to contact us. Important Disclosures Atomi Financial Group, Inc. is not, by means of this publication, rendering legal, tax, accounting, consulting, securities, real estate

In light of recent market volatility, we at Atomi wanted to reach out and promptly address concerns we expect are on top of your mind. While it is always prudent to be cautious during periods of large swings in market indices, such as we’ve seen lately, we believe that the current conditions are not cause for alarm, nor require any changes to our current liquid portfolio allocations. Here are four good reasons why: The market declines are eye grabbing, but not as severe or widespread as the financial media (a combination of news and entertainment), would have you believe. Your liquid portfolio is highly diversified across a broad range of securities, markets, and sectors. We went into this p

Changes to Charitable Donation Tax Deductions, Exemptions, and Exclusions The Tax Cuts and Jobs Act of 2017 retained seven tax brackets, but reduced tax rates per bracket, including a top marginal rate of 37%, down from 39.6%. Going forward, individual income tax brackets will be indexed for inflation, so brackets are expected to rise slightly less quickly than they would have using the prior indexing formula. The income tax charitable deduction While the income tax charitable deduction is retained in the Tax Reform Act, other itemized deductions are eliminated or subject to new limitations. State and local taxes will be deductible only up to a combined annual limit of $10,000. Deductions fo