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From: kurt@fluke.UUCP (Kurt Guntheroth)
Newsgroups: net.taxes,net.invest
Subject: Re: Q. effects of Reagan tax law on depreciation.
Message-ID: <972@vax2.fluke.UUCP>
Date: Wed, 16-Oct-85 11:45:46 EDT
Article-I.D.: vax2.972
Posted: Wed Oct 16 11:45:46 1985
Date-Received: Fri, 18-Oct-85 00:49:39 EDT
References: <1056@qumix.UUCP>
Distribution: net
Organization: John Fluke Mfg. Co., Inc., Everett, WA
Lines: 15
Xref: watmath net.taxes:909 net.invest:804

Most of the "simple" taxes currently proposed eliminate accelerated
depreciation of real estate.  If I were looking at potential real estate
deals I would certainly not buy into anything that did not have a positive
cash flow before taxes.  There are many people out their with eseentially
unprofitable real estate who rely on the tax laws to make their money.  If
any of the new tax laws make it onto the books (ask your bookie for the
current odds) all this real estate is going to come onto the market very
suddenly, which will have a somewhat depressing effect on real estate
prices.

Remember, in these unsettled economic times there are NO safe investments.
-- 
Kurt Guntheroth
John Fluke Mfg. Co., Inc.
{uw-beaver,decvax!microsof,ucbvax!lbl-csam,allegra,ssc-vax}!fluke!kurt