The Smart Investor’s Guide to Maximizing Rental Property Depreciation

What happens when your rental property stops giving you the tax breaks it once did? Depreciation is a powerful tool, but its value doesn’t last forever. Today, I'll explain how to maximize depreciation on your rental property by resetting the clock at the right time. You’ll learn why this can protect your returns and how strategies like a 1031 exchange can help. Check out the full video to explore your options and keep your investment working for you.

Learn more: https://jacksonvillerealestatevideos....

CHAPTERS:
00:00—Intro
00:32—The problem of holding old rentals
00:54—What is depreciation in real estate
01:24—Example
02:10—Taxes, insurance, & maintenance
02:52—Sell the property using 1031 exchange
04:18—Wrapping up

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🔻ABOUT US🔻

With almost two decades of experience in the real estate industry, I began my journey as a real estate agent in 2007 after working in the mortgage business. In 2011, I took on the role of broker/owner at ERA Heavener Realty. Then in 2023 we opened an independent brokerage, Pursuit Real Estate.

Throughout my career, I have successfully brokered over a thousand transactions and personally bought and sold more than 80 homes. Notably, I was privileged to be nominated to the Jacksonville Business Journal's 40 Under 40 (I'm no longer under 40 though!).

These experiences have equipped me with the wisdom to navigate the challenges of the real estate market, enabling me to guide you effectively and help you steer clear of potential obstacles.

Beyond my professional pursuits, I love traveling alongside my beloved wife to fun and exciting places (though the destinations have become less fascinating as we have more kids. I.E. Disney). Additionally, spending quality time with our little ones, Anniston, Miles, Ava, Lily, and Leighton, brings me immense joy. And, despite losing a step or two, I still love playing basketball.

Feel free to reach out to me, and together, we can embark on a rewarding real estate journey... And we'll make sure we avoid the pitfalls too!

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🔻CONTACT INFO🔻

Jeff Riber
Pursuit Real Estate
3725 Dupont Station Ct S, Ste 1
Jacksonville, FL 32217
904-405-1995
[email protected]
https://pursuitrealestate.com/

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