JF1685: Section 199 Cap A Deduction, Save Money On Taxes #SkillSetSunday with Chris Hesse

Chris is a principal in the National Tax Office of CliftonLarsenAllen, and is here today to tell us about a new deduction that can save real estate investors thousands of dollars in taxes. Also known as the pass-through deduction, Chris will give us the details on the the deduction and we’ll have a better understanding of if we can take advantage of the deduction. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “If you don’t have employees you can also look to another factor on the amount of depreciable property that you have in your rental” - Chris Hesse Chris Hesse Real Estate Background: Principal in the National Tax Office of CliftonLarsonAllen Authority on the recently enacted tax reform, the SEC 199A deduction Based in Richland, Washington Say hi to him at www.claconnect.com How great would It be to buy a piece of institutional-quality, income-producing commercial buildings? Now you can… with BuildingBits. It’s NOT A REIT or a fund. BuildingBITS is a new platform for non-accredited investors, where virtually anyone, regardless of income, can select a building leased to a major corporation and earn money from it! Start investing with as little as $500 at https://www.buybits.us/ Learn more about your ad choices. Visit megaphone.fm/adchoices