ilmscore | Prediction Details
"because they offer something called the depreciation deduction which says that every single year you get to depreciate the value of the building on your real estate... you will get to take a deduction of right around $20,500 every year for 39 years"
By Minority Mindset | June 9, 2024 | Pending
From video
How Rich People Use Debt & Taxes To Get Rich(er) 00:14:20 - 00:14:57
Interpreted Prediction
Real estate investors can deduct a portion of the building's value (depreciation) annually over 39 years, creating a tax loss.

Prediction Details

Topic
Real Estate Depreciation Deduction

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