ilmscore | Prediction Details
"you get to tell the IRS hey my property is a little bit older and because my property is a little bit older I deserve a tax break even if the value of your property is going up so now you will get to tell the IRS in this case that because your property is older you should get a $3600 tax deduction this is only on your taxes which means that in your tax return you get to tell the IRS that you made a whole $600"
By Minority Mindset | November 12, 2023 | Pending
From video
How The Wealthy Pay No Taxes (And How You Can Too) | Jaspreet Singh 01:20:52 - 01:21:26
Interpreted Prediction
Real estate investors can claim depreciation deductions on older properties, reducing taxable income even if property values increase.

Prediction Details

Topic
Tax Advantages of Real Estate Depreciation

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