The #1 way to make Money in self Storage in year 1 is.......
- Marc Goodin
- 22 hours ago
- 2 min read
Depreciation!!!!!!!!!! It is the combination of first-year bonus depreciation, plus first-year component depreciation, plus the first year of 39-year depreciation.
Most self-storage owners overpay the IRS, often by hundreds of thousands of dollars.
You don't want to be one of them.
And the best time to hire a pro to get the depreciation numbers is before you get your first bill from your contractor, to help the Component Depreciation Engineer get the numbers.
Did you know that the cost of soil for general use, such as to fill in a hole, is not a depreciation item, but soil that is connected for a depreciation item, like the foundation, is a depreciation.
If you have a bill that says export soil, the IRS will consider that a non-depreciation item. But if the bill is for a stormwater detention basin, it can be depreciated to save on taxes.
If you want to learn more about hundreds of thousands of dollars in self storage tax savings con join us on our Next Live Storage Authority Webinar:
Self Storage Tax Breaks Explained: Boost Cash Flow, Less IRS
August 21st, 2025, 11 am  EST Â
Reserve your spot now: REGISTER HERE
Stand-alone Link:Â https://us02web.zoom.us/meeting/register/Yzb6dPKiR_ybV09NYLVQ0A
Most self-storage owners overpay the IRS, often by hundreds of thousands of dollars.
It’s not because they don’t work hard. It’s because they don’t know the tax code rewards business owners and real estate investors.
Join our live webinar:
Self Storage Tax Breaks Revealed: Boost Cash Flow, Less IRS
 August 21, 2025
 11:00 AM EST
 Register here: https://us02web.zoom.us/meeting/register/Yzb6dPKiR_ybV09NYLVQ0A
Marc Goodin, CEO of Storage Authority, will share:
Over a dozen ways to save taxes paid to the IRS
How depreciation can increase cash flow. Even hundreds of thousands, year one
Why CPAs alone aren’t enough
Smart ways to lower taxes when you sell
Entity structures that improve tax outcomes
The difference between active and passive owner tax treatment
Hosted by Storage Authority Experts
Garrett Byrd | Josh Parker
Seats are limited. If you own or plan to own a self-storage facility, this is for you.
