Bought After January 19, 2025? You May Be Sitting on Bigger Write-Offs Than You Think

Bought After January 19, 2025? You May Be Sitting on Bigger Write-Offs Than You Think

William ThompsonBusiness Member
Accountant · Williamstown, NJ · Member since 2025 · 341 posts · 182 votes

I’m bringing this up because a lot of investors I talk to think once they close, the tax side is already set.

Not always.

If you bought property after January 19, 2025, there’s a good chance you may be sitting on bigger write-offs than you realize, especially if nobody has looked closely at how that deal was structured and what actually qualifies.

That doesn’t mean every property automatically creates a huge deduction. It does mean a lot of investors may be leaving money on the table simply because they assumed their CPA would “catch it later.”

That’s a mistake.

I’d rather see investors ask the question now than find out after the return is already filed.

Has anyone here gone back and rechecked a 2025 purchase and found larger deductions than expected?

RE Accounting and Tax Professionals LLC521 Reviews
0Reply
73 views

1 Reply

Jump to latestLatest
Join the conversationCreate a free account to reply, vote on answers and follow this thread.