ilmscore | Prediction Details
"depreciation which means you get a paper write off this is not money that you have to pay this is a tax break that you get on paper only and you get to tell the IRS hey my property is one year older and because my property is one year older I deserve a tax break"
By Minority Mindset | October 14, 2024 | Pending
From video
How To Build Generational Wealth Without A Big Salary 00:22:37 - 00:22:53
Interpreted Prediction
Real estate investors can utilize a tax break called depreciation, which allows a paper write-off based on the property aging, reducing taxable income.

Prediction Details

Topic
Real Estate Depreciation Tax Break

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