At TFL, we're making journeys safer for everyone, and that includes improving safety on London's roads.

That's why we and London boroughs are lowering more speed limits to 20 miles per hour,

because 20 miles per hour roads have already reduced collisions resulting in deaths or

serious injuries by 24%. That is how we're making journeys in London safer and brighter for everyone.

Such TFL improvement plan to the Mayor of London and TFL every journey matters.

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In the IRS, they think that that property, the usefulness of it, keeps dwindling every single year.

And they just randomly came up with this 27 and a half year formula.

Even though the building itself can last 50, 60, that's what they came up with.

So 27 and a half for residential basically. Let's say you buy a house for 300,000,

and the land is worth 100,000, for example. $200,000 is now depreciable.

But you don't get that all together for single family home. You get that over 27 and a half years.

200,000 divided by 27 and a half, and I would get that particular back in taxes.

Which is nothing, right? Very small.

But with multi-family, there's five and 15 year items like personal properties instead of waiting 27.

So like like fixtures, plumbing, cement, there's like a schedule of what goes into five,

what goes into 15. In 2017, Trump passed his Tax Cut Jobs Act, right? So basically,

it allows all the five and 15 year items to be pushed onto year one.

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