Welcome back to the Passive Mobile Home Park Investing Podcast. Hosted by Andrew Keel.

Today’s episode is all about the 8th reason why you should invest in mobile home parks, and this is because mobile home parks are a very tax efficient investment vehicle. I’ll briefly go over the depreciation of mobile home parks and how that can be beneficial to investors like you and me. I’ll also cover a specific change to tax law, and why accelerated depreciation on mobile home parks is basically another stimulus check from the government.

Would you like the pre-investment checklist that I use to review mobile home park deals before I invest in them? We are offering this as a free gift if you go to iTunes and leave a five-star review. To get the pre-investment checklist, leave us a five-star review on iTunes and then send us an email at [email protected]. In the email, please tell us who you are, what screen name you used to leave that review, and we’ll send the pre-investment checklist, directly to your inbox.

 

Talking Points:

00:19 - Welcome to the Passive Mobile Home Park Investing Podcast

00:34 - Mobile home parks are a known tax shelter

00:45 - Depreciation

01:45 - Speak to your tax advisor

02:20 - Changes in tax law

03:30 - Accelerated depreciation on mobile home parks

03:55 - Pre-investment checklist

 

Resources/Links:

Keel Team, official website

Andrew Keel, official website

Andrew Keel, LinkedIn

Facebook page

Instagram page

Twitter: @MHPinvestors

YouTube channel 

 

Quotes:

“A dollar saved is a dollar earned, right? Reason #8 is that mobile home parks are a known tax shelter due to the accelerated appreciation that they provide.” - Andrew Keel

“Recent tax law changes under the tax cuts and jobs act of 2017 have given a boost to cost segregation.” - Andrew Keel

“Accelerated depreciation on mobile home parks is basically another stimulus check from the government. You should take advantage of it.” - Andrew Keel

“That’s about $44,000 per year in an imaginary expense that you get to add to your end-of-year financials.” - Andrew Keel, on mobile home park depreciation

 

Brought to you by Andrew Keel of Passive Mobile Home Park Investing.