JF1685: Section 199 Cap A Deduction, Save Money On Taxes #SkillSetSunday with Chris Hesse

<p><span style="font-weight: 400;">Chris is a principal in the National Tax Office of CliftonLarsenAllen, and is here today to tell us about a new deduction that can save real estate investors thousands of dollars in taxes. Also known as the pass-through deduction, Chris will give us the details on the the deduction and we’ll have a better understanding of if we can take advantage of the deduction. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!</span></p> <p> </p> <p><strong>Best Ever Tweet:</strong></p> <p><span style="font-weight: 400;">“If you don’t have employees you can also look to another factor on the amount of depreciable property that you have in your rental” - Chris Hesse</span></p> <p><strong>Chris Hesse Real Estate Background:</strong></p> <ul> <li style="font-weight: 400;"><span style= "font-weight: 400;">Principal in the National Tax Office of CliftonLarsonAllen</span></li> <li style="font-weight: 400;"><span style= "font-weight: 400;">Authority on the recently enacted tax reform, the SEC 199A deduction</span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">Based in Richland, Washington</span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">Say hi to him at</span> <a href= "http://www.claconnect.com"><span style="font-weight: 400;">www.claconnect.com</span></a></li> </ul> <p><span style="font-weight: 400;">How great would It be to buy a piece of institutional-quality, income-producing commercial buildings?</span> <span style="font-weight: 400;"> Now you can… with</span> <a href="https://www.buybits.us/"><span style= "font-weight: 400;">BuildingBits</span></a><span style= "font-weight: 400;">. It’s NOT A REIT or a fund.</span> <a href= "https://www.buybits.us/"><span style= "font-weight: 400;">BuildingBITS</span></a> <span style= "font-weight: 400;">is a new platform for non-accredited investors, where virtually anyone, regardless of income, can select a building leased to a major corporation and earn money from it!</span><