By Chad Braun, Co-Founder & Managing Partner – Fifth Corner, LLC. : Passive investment into real estate is a natural hedge against inflation and is generally believed to be non-correlated with the stock market. Commercial real estate offers investors many benefits including recurring income through contractual tenant leases, long-term capital appreciation, and tax shelter through depreciation. The Tax Cut and Jobs Act (TCJA) has made passive investment in real estate even more attractive for investors. Depreciation is the theoretical decline in value of an asset over time.