Tax Analysis for Lonnie R | Royal Legal

And create about 55, 000 tax savings. What's the situation with Lonnie? Lonnie wanted to be able to lower taxes, but also get investments. For him, what we did is we kind of did the depreciation strategy. And by doing so, they were able to get large deduction in year one. They put about 200, 000 in towards syndications.

That's going to give them 150, 000 paper loss, which is going to lower their taxes and create about 55, 000 tax savings.