Mobile Home Parks are Very Tax Efficient

Episode 8 July 28, 2020 00:04:56
Mobile Home Parks are Very Tax Efficient
Passive Mobile Home Park Investing
Mobile Home Parks are Very Tax Efficient

Jul 28 2020 | 00:04:56

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Show Notes

Welcome back to the Passive Mobile Home Park Investing Podcast. Hosted by Andrew Keel.

Today’s episode is all about the 8th reason why you should invest in mobile home parks, and this is because mobile home parks are a very tax efficient investment vehicle. I’ll briefly go over the depreciation of mobile home parks and how that can be beneficial to investors like you and me. I’ll also cover a specific change to tax law, and why accelerated depreciation on mobile home parks is basically another stimulus check from the government.

***Andrew Keel and Keel Team Real Estate Investments (Keel Team, LLC) do not endorse any
interviewee. This interview is for informational purposes only and should not be depended upon
for investment purposes. ***

Would you like the pre-investment checklist that I use to review mobile home park deals before I invest in them? We are offering this as a free gift if you go to iTunes and leave a five-star review. To get the pre-investment checklist, leave us a five-star review on iTunes and then send us an email at [email protected]. In the email, please tell us who you are, what screen name you used to leave that review, and we’ll send the pre-investment checklist, directly to your inbox.

 

Talking Points:

 

Resources/Links:

 

Quotes:

“A dollar saved is a dollar earned, right? Reason #8 is that mobile home parks are a known tax shelter due to the accelerated appreciation that they provide.” - Andrew Keel

“Recent tax law changes under the tax cuts and jobs act of 2017 have given a boost to cost segregation.” - Andrew Keel

“Accelerated depreciation on mobile home parks is basically another stimulus check from the government. You should take advantage of it.” - Andrew Keel

“That’s about $44,000 per year in an imaginary expense that you get to add to your end-of-year financials.” - Andrew Keel, on mobile home park depreciation

 

Brought to you by Andrew Keel of Passive Mobile Home Park Investing.

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