{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"The Paul Truesdell Podcast","title":"The Big Beautiful Bill and What It Means for Real Estate Investors Over Fifty-Five","html":"","width":"100%","height":180,"duration":680,"description":"Truesdell Wealth, Inc. The Big Beautiful Bill and What It Means for Real Estate Investors Over Fifty-FiveWhen Washington Hands Out Candy, Check the WrapperThe Big Beautiful Bill and the Salesmen Who Love ItOn July 4, 2025, President Trump signed the One Big Beautiful Bill Act into law. The name alone ought to tell you something about how Washington operates these days, but setting aside the salesmanship, this legislation does contain some genuinely significant changes for real estate and for people who own it, invest in it, or plan to pass it along to their heirs.Let me walk you through the highlights in plain English, because if you wait for your accountant to explain it next April, you might miss some planning opportunities. And if you wait for a slick salesman to explain it, you might end up owning something you should have left alone.First, the bill made permanent a number of tax provisions from the 2017 Tax Cuts and Jobs Act that were scheduled to expire. If you remember that legislation, you probably remember the promises that came with it and the debate about whether those promises were kept. Regardless of where you stood on that argument, several of those provisions are now here to stay.For people who own or invest in commercial real estate used for manufacturing, production, or refining, there is now a one hundred percent first year depreciation allowance for what the tax code calls Qualified Production Property. In regular language, that means if you build or buy certain types of nonresidential real estate for production purposes after January 2025 and before 2029, you can deduct the entire cost in the first year instead of spreading it out over decades. That is a significant incentive to build in America rather than overseas.The bill also restored the full one hundred percent bonus depreciation deduction for eligible property. This had been phasing down under the old law, dropping to forty percent in 2025 and scheduled to disappear entirely by 2027....","thumbnail_url":"https://img.transistorcdn.com/115-XsjkdwCpJ99xv-8oZ76t6jr8ScWEC5MYSKzL0ig/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS82MTUx/OWRiNTc0NTk0Y2Nk/M2VjYTliMGVhN2Zm/YTZkZi5wbmc.webp","thumbnail_width":300,"thumbnail_height":300}