“Icing on the cake”: Trump’s “big, beautiful” tax law sweetens deals amid surge in owner-user offices

Manuel Farello’s restaurant management firm is making a real estate change — a pivot that’s expected to pay off with a $200,000 tax writeoff. 

After years of leasing workspaces across Miami-Dade County, Farello’s Miami-based Silver Spoon Solutions, which provides accounting and other back-office services for food and beverage venues, will purchase an office. The move allows it to tap federal tax savings under a Trump administration law passed last summer.

Under the One Big Beautiful Bill Act’s 100 percent bonus depreciation, buying a company office unlocks two types of deductions. 

One is for the value of elements of the building that wear out over time — anything from carpets and blinds to HVACs and some electrical and plumbing systems. The second covers everything needed to make the space operational, including computer servers and other technology, furniture and fixtures...