How to maximize your depreciation?

In this episode I discuss a depreciation method that could
significantly reduce your tax liability.


Did you know you have a choice when it comes  to the
depreciation method you use?


With the tax reform of 2018 you can now apply component
depreciation to existing building not just new construction. 2018
also extended 100% bonus depreciation on building components with
tax recovery period of 20 years or less.


I also talk about how this depreciation affects your taxes
depending on your classification as a tax payer.