alt Hacker News> PE buyers use 60% bonus depreciation and cost segregation studies to create a $70-80K writeoff on a $120K asset
Source? That looks like a juicy target for state taxation…
> PE buyers use 60% bonus depreciation and cost segregation studies to create a $70-80K writeoff on a $120K asset
Source? That looks like a juicy target for state taxation…
Bonus Depreciation:
https://tax.thomsonreuters.com/en/glossary/bonus-depreciatio...
Cost Segregation:
https://warrenaverett.com/insights/what-is-cost-segregation/
I believe bonus depreciation is time limited (unless Congress renews it).