Bonus Depreciation
topic on 4 shows · 6 statements across 5 episodes
the Paul Morris Podcast 
Sourcery 
Capital Allocators 
TBPN
6 statements about Bonus Depreciation, every show
Morris: 5- and 15-Year Property Items Qualify for 100% Bonus Depreciation
“The building itself deducts very slowly, and that's over 27 and a half years. The idea is that's how long it would take for the building to wear out. But the parts, appliances, and flooring normally on a five-year depreciation schedule, fencing and landscaping…”
Morris: California, New York, and New Jersey decouple from federal bonus depreciation
“And in California, along with New York and New Jersey, they don't follow the federal rule, so that's a federal tax benefit only, which is significant, but you'll still have to pay state taxes in those particular states.”
Boucai: Newbrook skips bonus depreciation to optimize for New York investors
“We don't take, for example, bonus depreciation, which is very favorable for a lot of the investors in New York. It's not favorable for them to take bonus depreciation”
David Bailey is writing off a 6,000-pound exotic car in year one
“Yeah, we just purchased an exotic car for a significant amount of dollars, and we're writing the entire thing off year one.”
Oetting: Bonus depreciation tax incentives fail to help venture-backed startups
“Bonus depreciation is awesome. If you're Boeing, It's awesome if you're a real estate developer. And that's great, but it doesn't do anything for a startup because they're a C Corp. So it doesn't pass through their investors. They have plenty of net operating …”