Money-Saving Tool Available For Real Estate Investors

| Total Words: 319

The recent housing market boom has resulted in a substantial rise in the number of new property investors.

What new investors might not know is that investment property depreciation is the second most frequently missed deduction on federal income tax forms.

But there’s help. A new service created by three real estate experts enables property investors to quickly identify and track personal property, or “chattels,” to accelerate their depreciation deductions.

Chattel Appraisals – an easy-to-use online valuation tool provided by Dolf de Roos, a real estate investor and author of the New York Times best-seller “Real Estate Riches”; Thomas Wheelwright, a real estate tax expert; and Marshall & Swift, a leading real estate cost data provider – allows property investors to quickly improve their bottom line by maximizing tax depreciation benefits.

Before the release of Chattel Appraisals, cost segregation studies were typically expensive and reserved for commercial investors. Now, residential property investors have the ability to log on to www.chattelappraisals.com and prepare summarized reports of personal...

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