Best Investment for Depreciation

[Michael Zandona]

What investment choices would you recommend to offset W2 income taxes?  Let’s say we’re shooting for $50k tax saving per year. My wife is a real estate professional (we can deduct real estate depreciation) so a property with significant bonus depreciation would be ideal. 

Most rentals now don’t cash flow at 7.5% interest rates. But I’d still like to buy something to offset our tax burden. Assuming it makes sense and covers its costs. 

[Michael Plaks]

I'm totally against investing for tax benefits. Choose your investments based on their growth potential and their risk. Depreciation is just a bonus, pun intended.