Brock Hutchinson

Husband, Father, and VP of Hutchinson household

[Brock Hutchinson @brockah]

@FBIDDBongino But the Epstein files are still not released and all the high power pedos are still running free.

[Brock Hutchinson @brockah]

@FBIDDBongino @FBILosAngeles @CBP How about the Epstein files??

[Brock Hutchinson @brockah]

@FBIDDBongino @FBI Dissapointing. No Epstein files, no arrests, nothing!

[FBI Director Kash Patel @FBIDirectorKash]

More drug trafficking arrests:

I can now report that this week, the FBI arrested 16 individuals for the distribution of cocaine and methamphetamine to the Pine Ridge Indian Reservation.

For the last three years, Tribal Lands have reported escalating levels of violence — often involving illicit substances.

The individuals we’ve arrested are affiliated with multiple major drug trafficking organizations among the major suppliers to the PRIR — and we believe key contributors to the spike in violence.

These arrests part of our renewed effort to work with Tribal leadership and better engage their concerns.

Thank you to the agents and LEO partners who executed. Let good cops be cops, and America will be safe again.

[George @BehizyTweets]

WATCH: White House officials just released a lecture on why the tariffs are a game changer. Stephen Miller really understands it.

"Well, the announcement today is the most significant action on global trade policy that has taken place in our lifetimes. It's not even a close call. I mean, this is probably the biggest event that's happened on global trade since the very ill-fated decision that we are now reversing of knocking down all of America's trade tariffs and revenue policies that led to the offshoring and outsourcing of all industry."

"This is the great onshoring, the great reshoring of American jobs and wealth."

[Treasury Department @USTreasury]

The Treasury Department is announcing today that, with respect to the Corporate Transparency Act, not only will it not enforce any penalties or fines associated with the beneficial ownership information reporting rule under the existing regulatory deadlines…

[Elon Musk @elonmusk]

To be clear, what the @DOGE team and @USTreasury have jointly agreed makes sense is the following:

- Require that all outgoing government payments have a payment categorization code, which is necessary in order to pass financial audits. This is frequently left blank, making audits almost impossible.

- All payments must also include a rationale for the payment in the comment field, which is currently left blank. Importantly, we are not yet applying ANY judgment to this rationale, but simply requiring that SOME attempt be made to explain the payment more than NOTHING!

- The DO-NOT-PAY list of entities known to be fraudulent or people who are dead or are probable fronts for terrorist organizations or do not match Congressional appropriations must actually be implemented and not ignored. Also, it can currently take up to a year to get on this list, which is far too long. This list should be updated at least weekly, if not daily.

The above super obvious and necessary changes are being implemented by existing, long-time career government employees, not anyone from @DOGE. It is ridiculous that these changes didn’t exist already!

Yesterday, I was told that there are currently over $100B/year of entitlements payments to individuals with no SSN or even a temporary ID number. If accurate, this is extremely suspicious.

When I asked if anyone at Treasury had a rough guess for what percentage of that number is unequivocal and obvious fraud, the consensus in the room was about half, so $50B/year or $1B/week!!

This is utterly insane and must be addressed immediately.

[JD Vance @JDVance]

Memo to the press:

When a president is elected by the People and then does what he promised to do, that’s democracy.

When a president is thwarted by unelected bureaucrats, that’s oligarchy.

President Trump refuses to bend the knee to that oligarchy. Buckle up!

[Elon Musk @elonmusk]

🥊

[Department of Government Efficiency @DOGE]

Congratulations to the Administration and DOI’s Bureau of Reclamation for more than doubling the Federally pumped water flowing toward Southern California in < 72 hours. Was an honor for the DOGE team to work with you. Great job! @Interior @usbr

[Brock Hutchinson @brockah]

@realTrumpNewsX NO

[Elon Musk @elonmusk]

Forward this video to friends & family to understand just how evil the government has been

[Brock Hutchinson @brockah]

@realTrumpNewsX B

[Derrick Evans @DerrickEvans4WV]

We want a list of every senator who opposes Matt Gaetz for Attorney General.

We are going to audit their FEC filings from their last couple of campaigns.

They better hope they filed everything correctly.

[R.E. Cost Seg @recostseg]

Real estate investors can make millions a year and pay almost nothing in TAXES by utilizing a loophole called Bonus Depreciation.

A post on exactly how it works (and how you can utilize it):

Depreciation is the act of slowly, over time, deducting the initial expense of an asset against your taxable income.

Generally over a 27.5 (residential) or 39 (commercial) yr time frame.

So each year you can write off 2-3.6% of the purchase price against your cashflow.

Thats a big deal.

Example:

My client bought a self storage facility for $3MM. For him this meant a $76k (2.5%) a year write off against about $260k in NOI and 200k in cashflow on a $3MM deal.

It makes 38% of his $ tax deferred.

Very powerful but there is much more to it.

Different parts of the asset can be depreciated on different schedules.

We'll do a cost segregation study to split up the depreciable lifespan of different parts of the building.

The raw land can't be depreciated so you have to give that a value.

But other items can be depreciated on a quicker timeline.

A roof, road, sidewalk, fencing, walls, gates, doors, latches, flooring, air conditioners, pavers, curbing, landscaping, etc.

The IRS has a depreciation schedule for each type. Some parts are 5 yrs. Others 15 years...

So we depreciate a portion of the asset costs faster. I do the study and get dollar amounts assigned to different parts and different schedules to front-load depreciation.

Now you can get 5 or 6% of the value as a deduction in the early years...

But wait... theres more.

Bonus depreciation allows you to deduct a certain percentage of cost in the first year an asset is put into service.

Anything that is on a schedule of 15 years or less... So the doors, sidewalks, HVAC, walls, latches, curbs, security, gates, etc.

A % of this stuff goes in Yr 1 For years 2015 through 2017, first-year bonus depreciation for these items was set at 50%.

It was scheduled to go down to 40% in 2018 and 30% in 2019, 0% in 2020.

But then Trump got elected and he enacted the Tax Cuts and Jobs act.

Moving this percentage to 100% from 2017 to 2022 and 80% this year in 2023.

Its not uncommon to allocate 30% of an asset cost to items that can be depreciated on a 15 year or faster time frame.

So now nearly 30% of your asset cost can be DEPRECIATED IN THE FIRST YEAR.

A note: Raw land can't be depreciated, so you need to put a value on that, too.

So back to the $3MM property my client bought...

The cost segregation study may show that 30% of the asset cost can be depreciated on a 15 yr or faster timeframe.

This is 80% deductible THIS YEAR...

30% of $3MM is $900k. 80% of that is $720k.

A $720k tax deduction. In year 1.

The facility will produce about $260k in NOI and $200k in free cashflow after interest expense.

So while $200k goes into the bank account the tax LOSS is $520k.

But wait there is more...

The Cares act made it so you can carry those losses back 5 years to income made from 2015 onward. You can also use the new depreciation guidelines to CATCH UP assets purchased in the last 3 years.

You can also carry these losses forward into eternity.

The passive losses can't offset active income (W2 income, etc) unless you're a "real estate professional" but they can offset gains from other real estate properties or passive income.

INSANITY.

This is how real estate owners, operators, developers make millions a year and pay 0 taxes.

Hover your finger over my blue logo and click "follow" if you enjoyed learning this.

[Brock Hutchinson @brockah]

@C_Rice1 @bigfrigoutdoors @KauligRacing @GoldFishSlots @AJDinger Awesome!

[Chris Rice @C_Rice1]

🚨#GIVEAWAY🚨

One @bigfrigoutdoors @KauligRacing cup and one @GoldFishSlots hat signed by @AJDinger!

You must:
Like, RT, follow ME and @KauligRacing to have a chance! Good luck 😄

[Donald Trump Jr. @DonaldJTrumpJr]

Would be a great start.