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I'm not agreeing or disagreeing with you, but your comment reminded me of this tax loophole, which fills me with rage everytime I see a new self-storage style b

I'm not agreeing or disagreeing with you, but your comment reminded me of this tax loophole, which fills me with rage everytime I see a new self-storage style business being "constructed." https://boxwell.co/section-179-tax-benefit-for-relocatable-storage-units/ https://boxwell.co/section-179-tax-benefit-for-relocatable-s... >Relocatable storage units are portable and moveable. Therefore, they can be classified as equipment instead of as a building or permanent structure. Not only does this help self-storage operators bypass the lengthy process of permitting and zoning. But it’s also a great tax advantage when classifying these convenient storage units as equipment. In most cases, the units are eligible for 100% deduction after just one year. edit typo

_heimdall 3y ago
When houses this are you enraged at the storage facility or the legislators and tax authorities? There are so many loopholes and games that can be played with US taxes that I've gotten to the point where I can't blame anyone for trying. We need a much simpler tax code that can be easily understood and enforced IMO. In other words, with taxes I ended up landing on "don't hate the player, hate the game"