Remove 2027 Remove IT Remove License
article thumbnail

The tax cuts and jobs act is set to end—Here’s what it means for property managers in 2025

Buildium

That said, bonus depreciation has already started to phase out, with the allowance decreasing by 20% per year starting in 2023 and set to fall to 0% by January 1, 2027 (unless extended). In this article, well break down the relevant sections of this giant tax law and what you can do to protect your business moving forward.