Gas stations / convenience stores / car washes could provide tax benefits through depreciation
By Hicbd
Fri Nov 17 2023 1:04 pm
"Moreover, the 100 percent bonus depreciation deduction for qualified “retail motor fuel outlets” through the Tax Cuts and Jobs Act of 2017 poured gasoline on net lease investor demand for c-stores and gas stations. Because the 100 percent bonus depreciation will be available only through the end of 2022 before it starts to incrementally decrease, net lease buyers are in a frenzy to close deals."
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