Are you ready for an exclusive inside secret that can help you increase your net worth? Well, you’re in for a treat because I’ve got one for you! Antiques – yes, those old pieces of furniture – can help you build your net worth in a way you never thought possible.
Now, I know what you’re thinking. Antiques? Really? But hear me out. This isn’t your grandma’s antique collection. This is a powerful business strategy that can help you buy low, depreciate to zero, and sell high. And the best part? You get to add some sophistication to your office while you’re at it.
Here’s how it works. You purchase an antique desk for $5,000, and after 10 years of use, you can sell it for $15,000. That’s a $10,000 profit! And your friend who purchased the regular desk for the same price? They only sold it for $500. So, you come out 36 times ahead of them after taxes!
Antiques provide a unique opportunity to increase your net worth by acquiring beautiful assets that you can use and expense under Section 179. Currently, you can expense up to $1,160,000 of qualifying costs using this method. And all of this became possible because of two musicians who fought hard for this change – Brian Liddle and Richard Simon. They used antiques in their careers and were able to depreciate their antique instruments to zero and trade them for even more valuable antiques.
So, don’t miss out on this exclusive opportunity. Book your tax assessment today, and let’s start building your net worth with antiques. Time is of the essence!
P.S. Before filing your 2022 tax return, it’s always a good idea to get a second opinion. If you respond to this email, I would be happy to provide you with a review and estimate of how much you can potentially save for the 2022 tax year. Don’t wait; take action now.
Miguel A. Palma, CPA Tax Advisor