But in Case B, wouldn't they have to pay the corporate income tax on that $100,000 before they buy the next property (39.1% in 2017)? I thought each property i

But in Case B, wouldn't they have to pay the corporate income tax on that $100,000 before they buy the next property (39.1% in 2017)? I thought each property is a capital expense which gets depreciated over time. So you can't buy a second property with your profits and deduct it as an expense in the current year. Am I missing something?