Let’s talk about the new tax implications for self-storage owners and take a look at the good, the bad, and the potentially ugly parts of the massive tax bill recently signed into law and championed by the current administration, at least from my perspective.

I am only going to touch on a few items that I think most directly impact us as self storage owner/operators.

I’m doing this because I have changed a few things in underwriting and planning for the next couple of years in capital improvements. Let me share.

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