Brian Boyd
๐ค SpeakerAppearances Over Time
Podcast Appearances
And the public policy behind that is the government is not in the business of building housing.
That isn't their business.
They don't want to do that.
They want people like you and me to go build or buy and
be real estate.
Rewarded.
Yeah.
And so they reward us for that.
And that's everywhere from the bonus depreciation you see under Section 168K to the expensing under 179 to the tax deductions under 162 to the interest deductions under 163.
You know, there is so much in the tax code that really focuses on real estate and
And they make it easy for you.
Take, for example, Section 8 housing.
I kind of have a passion for Section 8 housing because we do have a dearth of real estate in the country that is affordable.
And so Section 8 is a program out there that will pay your rent for you while you're trying to better yourself and get out of that situation.
So, so many people...
look at Section 8 and they turn their nose up to it.
But at the same time, our government, our tax code has incentivized providing affordable housing.
I think there are actually credits out there available.
And for those listeners out there, a credit versus a deduction, we're talking apples and oranges.
A credit is like a dollar for dollar reduction of your liability.