real estate

2 statements across 1 episodes · 1 bullish · 0 bearish · 1 people on the record · first statement May 22, 2026 by Michel Del Buono · across every show →

Everything said about real estate, oldest first

May 22, 2026
Assertion Supported
Del Buono: Business private jets can be depreciated like real estate
“If you use it for business purposes now you can sort of depreciate and take advantage of the same tax credits that you do with real estate and oil wells. Right. But you have to be able to prove that you, it was used for business purposes and all that.”
Michel Del Buono May 22, 2026 ▶ 54:07 CIO of Marc & Ben's Multi-Family Office: SpaceX IPO, Anthropic & OpenAI · Sourcery with Molly O'Shea
May 22, 2026 positive
Insight
Real asset depreciation and basis step-up can completely shield generational taxes
“If structured properly, you can offset Almost all the income from the property. And then because of something called a step up in basis, a death when you sell that asset after you pass away, you don't owe tax on that either. So you, along the way, all the inco…”
Michel Del Buono May 22, 2026 ▶ 49:25 CIO of Marc & Ben's Multi-Family Office: SpaceX IPO, Anthropic & OpenAI · Sourcery with Molly O'Shea
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