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Tax Tuesdays
Tax Tuesdays Episode 101: Bonus Depreciation

Be in the know before filing your tax forms to avoid big surprises and losses. For fun and educational answers to your tax questions, Toby Mathis and Jeff Webb of Anderson Advisors are willing, able, and ready to help. Do you have a tax question? Submit it to taxtuesday@andersonadvisors.


  • How can I take full advantage of excess depreciation on passive real estate investments? Cost segregation, MACRS, and bonus depreciation through TCJA  
  • What is the best way to set up an Airbnb business that is a solely-owned, single-family house? If average guest’s stay is 7 days or less, pay self-employment tax and take depreciation   
  • If I sell my personal residence, what’s the best way to use the funds from the sale for a residential assisted living (RAL) startup? Create LLC, obtain inside/outside liability insurance, borrow money, and deduct costs  
  • I traveled via RV across and outside the country and needed WiFi to conduct business. Can any part of the travel expense be deducted? If travel is more than 50% for leisure, you can’t write off business expenses; otherwise, write off RV, WiFi, mileage, other costs 

For all questions/answers discussed, sign up to be a Platinum member to view the replay!

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Pre-order Book Deal: Tax-Wise Business Ownership

Tax Cuts and Jobs Act (TCJA)

Cost Segregation Tax Breaks!

Modified Accelerated Cost Recovery System (MACRS)

Bonus Depreciation

Real Estate Professional Requirements

Unrelated Business Income Tax (UBIT)

Roth IRAs



Workers’ Compensation

Schedule A

Health Savings Account (HSA)


Stepped-up Basis

Types of Trusts

Self-Employment Tax

Capital Gains Exclusion/Section 121

Depreciation Recapture

Schedule C

Schedule E

Real Estate Investment Trust (REIT)

1031 Exchange

Kiddie Tax

Form 1099

Home Office Deduction

Opportunity Zones FAQ

Opportunity Zone Heat Map


Section 280A Deduction

Save A Vet With A Pet – 1 Veteran Foundation

As always, take advantage of our free educational content and every other Tuesday we have Toby’s Tax Tuesday, another great educational series. Our Structure Implementation Series answers your questions about how to structure your business entities to protect you and your assets. One of my favorites as well is our Infinity Investing Workshop.

Additional Resources:

Anderson Advisors Podcast

Full Episode Transcript

Toby: Hi guys, this is Toby Mathis from Anderson Business Advisors and you’re listening to Tax Tuesday. I’m joined today by Jeff Webb. Hey Jeff.

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