5 Major Changes You NEED TO KNOW Likely Coming Post 2024 Election | Mauricio Rauld Saturday Edition E269

The Rich Somers Report

Rich Somers

Business, Entrepreneurship, Investing

5 • 910 Ratings

🗓️ 16 November 2024

⏱️ 12 minutes

🔗️ Recording | iTunes | RSS

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Summary

What’s the real impact of the post-2024 election for real estate investors? Rich Somers sits down with Mauricio Rauld, a seasoned securities attorney and founder of Premier Law Group, to break down the 5 major shifts that could seriously change the game. With Trump’s victory, things like bonus depreciation coming back, a more relaxed definition of accredited investors, and the potential to see the Corporate Transparency Act repealed—these changes are a huge opportunity for investors who are r...

Transcript

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0:00.0	The second change I see with Trump now in office is bonus depreciation. I mean, that is a big one.
0:04.4	There's no secret. Trump's a real estate guy. Bonus depreciation earlier this year passed the House of
0:08.7	Representatives overwhelmingly, right? I mean, I forget the numbers like 380 to 70. It wasn't even
0:12.7	close, right? But it got stuck in the Senate. It lost by four votes in the Senate. It's more of a Senate
0:16.3	flip now because now the Senate obviously flipped and now it's Republican and more pro-business, pro-thing. And so I think Trump's going to push that down. I would be willing to bet that
0:23.5	you're going to see bonus depreciation not only come back, but also come back retroactively. So
0:27.6	100% bonus depreciation back two to three years, which will probably cause all of my clients to
0:32.5	go back and amend their tax return so they can pick up that bonus depreciation in year one as opposed to breaking
0:37.8	it up throughout, you know, 27 and a half. I agree with you. I think this is going to come back
0:41.4	and retroactive, which is huge, not just for real estate investors out there so you can capture more
0:45.7	depreciation, but also if you are raising capital right now, you have limited partners right now.
0:49.5	It's going to bode well for your investors as well. Definitely going to be a big change and something to be
0:54.2	excited about. Welcome to the Rich Strummers Report where we talk real estate, business, and wealth
0:59.2	building all while keeping it real. No fluff, no BS. I hope that you enjoy the show.
1:09.0	All right, guys, welcome to another episode of The Report Saturday edition. I got my co-host today. I got my man, Mauricio, welcome to the show.
1:17.0	Thanks, man. Thanks for having me. Dude, always looking fresh. Got the blue blazer. Just for you, baby. Just for you.
1:22.5	Oh, man. We're just getting warmed up. A little touch of blue on the shoes. Got the blue jeans looking fly as always.
1:28.1	So, hey, man, we got a lot of news and a lot of changes that just occurred due to the political
1:32.3	environment changing due to the election that we had last week.
1:34.9	And real estate investors out there, entrepreneurs out there, business owners out there,
1:38.7	listening this right now.
1:39.4	They might be wondering, well, how are these changes going to impact me?
	...

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