Brandon Brittingham
๐ค SpeakerAppearances Over Time
Podcast Appearances
It's available under the new Big Beautiful Bill.
100% depreciation in the first year has come back.
And I'm glad you mentioned this because I wasn't even thinking, oh God, you got to be a real estate professional.
This is a good one because a W-2 person could actually get a hold of this.
Yeah, that's a good point.
And I think a lot of it is, you mentioned this, and I think you're spot on is when people hear taxes, they just kind of freak out and they kind of freeze.
And one of the things that I just kind of see and find is even, you know, a lot of entrepreneurs don't even really know or understand or learn about this.
And when you think about the percentage of income that taxes take from you to not learn about it,
If you look at it as an expense for your business, it's probably the largest expense.
And when I started thinking like that and learning about things like this, it completely changed my perspective because it's like I can find a way to shield 37% of my income every year understanding this game.
Then I can take...
that money and invest it into an asset that I understand, which is real estate, which is going to grow and all the things that you mentioned.
But there's so many people who just kind of turn a blind eye to this because I think of the, you know, it's just, we hate talking about taxes.
Can I say something on this really quick?
So I have some short-term rentals as an asset class.
And one of the things that I do is on the laundromat thing, it's actually a business we're looking into buying.
I mentioned this.
I want to say this because
The laundromat that's closest to me for our short-term rentals, because I'm all about operational efficiency, we take our linens and stuff and have them wash it when we have turnovers or the short-term rental.
So I happened to just go there one night with my fiance because she helps run my portfolio.