Everybody, please, I know how bad you want that tax right off. But does the investment make sense without it?

It didn't save me 100,000. It cost me 100 grand to make 37K. So if I lose everything on that investment, I'm down $63,000. You've lost money.

Ask your accountant, what is your commission on this deal? Because these promoters are paying the CPA

under the table to sign off on these deals and they're big money. Let's say you do get audited

and you lose. That's your butt on the line. Welcome everybody to the Main Street

Business Podcast. My name is Mark Kohler. I'm here with the

incredible Matt Sorensen, my co-coast, my law partner, my best friend, just, you know, my all-around,

man, just, you know, my mentor. I'm just, I'm just happy to be here because Mark is going to be carrying the show today, as he does many times, you know, I'm just i'm just happy to be here uh because mark is going to be carrying the show today

um as he does many times you know i'm just going to be you know comedic relief color commentary today

but uh mark's like i got a big topic we need to talk about well truth about bonus depreciation

and i'm like whoof i need to hear some of that myself, actually.

Well, thank you for those kind words.

You carry the show many times.

We're a team effort here.

So everyone here, this is a critical topic.

And it is about the truth of bonus depreciation.

And I'll give you the spoiler alert right now,

material participation. And this is something a lot of very aggressive accountants

trying to sell an expensive strategy will gloss over. And we just covered an audit that in our training program for our accountants

two weeks ago with Farah Sala, she's an IRS resolution expert. She broke down the

entire case for us on a short-term rental material participation issue, which frankly is one of

the easier ones. So we're going to be talking

...