How Buying a Beach Home Can Unlock Big Tax Savings: Let’s Talk About Accelerated Depreciation
Posted by The Cobb Group on
How Buying a Beach Home Can Unlock Big Tax Savings: Let’s Talk About Accelerated Depreciation
This weekend, I have a client flying into the Lowcountry specifically to tour beach properties—but not just for the views or the vibe. They’re looking for a home that offers serious tax advantages.
We’re talking about accelerated depreciation—a powerful financial strategy that savvy investors are using to offset income and build wealth, all while enjoying life by the sea.
It’s one of those topics that doesn’t sound exciting… until you realize it can potentially save you tens of thousands of dollars on your taxes.
Let’s dig in.
What is Depreciation in Real Estate?
When you buy an investment property (like a vacation rental), the IRS allows…
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