Attention property owners! This year only, the IRS will let you take extra deductions for certain renovations you made to your business or rental property in prior years! That’s right. The new law gifts you retroactive tax benefits (also known as cash)!
EXAMPLE: Say you made major repairs on your property some years ago at a cost of $50,000. Thanks to the new rules, the IRS may grant you a bonus current tax deduction of up to $32,000!
IT’S IMPORTANT THAT YOU ACT NOW!
This IRS offer comes with a deadline that’s approaching fast. If you don’t act on or before October 15, 2015 (September 15, if you’re incorporated), you lose all of these benefits forever!
You’ll get all the details when you read my new article titled Tax Tips: Double-Benefit Tax Rule for Property Owners Delivers Bonus Deduction: But Act Now!
Three ways our fact-filled article can help you:
- We’ll explain why you get two great benefits. First, you get instant extra cash in your pocket Second, you get relief from the recapture tax you might have to pay down the road. You’ll get all the good news when you read the full article.
- You’ll learn why building owners are big winners. There are three great reasons for this. If you own a building don’t miss this opportunity to read the full article.
- We’ll tell you how the new law gives you audit protection. More good news! You’re provided with audit protection for 2012 and 2013 if you mishandled the tax treatment of repairs and improvements in those years. We’ll provide all the information you need when you read the full article.