jtclark44
John Clark
jtclark44

Lol.

Why anybody would want to use something other than Google maps is beyond me.  

These type of posts make one realize how little most people know about commercial loans. For something as boring and ostensibly predictable as a gas station with an assumedly decent track record of business, a bank would ABSOLUTELY loan someone the money to buy it. Banks love low-risk, predictable investments in which

That’s not how this works, lol.

They will never do it as they all benefit from it.

Ahh yes, the good old “there is never room for nuance because it threatens my black & white view of the world which I cling to for comfort and validation” argument.

you don’t have to be wealthy to take advantage of tax laws.  even if you are investing smaller sums of money, you still get the same benefit of the law.  it’s not like there is a cut off amount

Actually, no. Cash loses value in an inflationary market. Your $4 million now is worth less in real terms in a year.  What is king, is anything real.  Like an antique, real estate, or some random commodity you are holding, like soybeans.

Feels like this article could have used the input of someone that actually understand taxes.

How many of the rage boners are now going to claim “environmentalism” as the reason for harassing her from this point on?

She is correct, taking the accelerated depreciation will help her in taxes this year but it’s just delaying the tax when she eventually sells the property. There is a thing called depreciation recapture. Yes it is a smart investment, but the IRS will get their money at some point.