Bonus Depreciation Back at 100%: Why the One Big Beautiful Bill Changes Everything

Intro: The Most Powerful Line on a Tax Return

For years, physicians have been told there's nothing you can do about taxes — that success just means paying more.

But there's one tax provision that can flip that script completely:
Bonus depreciation.

When paired with a cost segregation study, it produces a single document — the One Big Beautiful Bill — that unlocks a first-year deduction of $ 200,000–$ 400,000 or more.

Now that bonus depreciation is expected to return to 100%, it's time to understand what this bill does, not in theory, but in real dollars.

How We Got Here: The Return of 100% Bonus Depreciation

The Tax Cuts and Jobs Act of 2017 introduced 100% bonus depreciation for qualified property, including many components of real estate.

Starting in 2023, that benefit began phasing out:
80% in 2023, 60% in 2024… on track to hit 0% by 2027.

However, in 2024, new bipartisan tax legislation was introduced to restore bonus depreciation to 100%, effective retroactively to 2023. The bill has strong momentum in Congress, with many real estate CPAs and tax experts advising clients to prepare for the return of full deductions.

For high-income professionals, this is the opportunity window.

What the One Big Beautiful Bill Actually Changes

1. Your AGI Drops Significantly

A $300K bonus depreciation deduction can reduce your adjusted gross income from $500K to $200K on paper — completely reshaping your tax profile.

2. You Fall Into a Lower Tax Bracket

That AGI shift can drop you into a lower federal bracket, reducing the rate you pay on all remaining income. The tax savings stack quickly.

3. You Trigger a Real Refund

This isn’t just deferring taxes — it’s creating a refund. High-earning physicians often receive $ 50,000–$ 100,000 back within the same tax year.

4. You Accelerate Your Wealth Timeline

With that refund, many physicians buy a second property, pay down strategic debt, or invest in additional tax-advantaged assets. The wealth-building loop tightens.

5. You Create Flexibility

That refund isn’t just capital. It’s freedom. One big deduction can mean fewer shifts, less burnout, or more margin for life outside of work.

What the Bill Looks Like

It’s a cost segregation report — a dense PDF, broken into IRS-compliant depreciation schedules. One line stands out:

“First-Year Bonus Depreciation: $298,641”

That’s the One Big Beautiful Bill.
And once you understand how to apply it, you realize: the tax code isn’t just about liability. It’s about leverage.

Closing Thoughts: One Line. Real Leverage.

You’ve trained for complexity. You understand systems. Bonus depreciation isn’t some gimmick — it’s a lever hidden in plain sight.

Now that it’s returning to 100%, this is your chance to use it.

One big bill. One right property. One smart strategy.
That’s how you shift from overtaxed to strategic.

And that’s what changes everything.