ilmscore | Prediction Details
"when we're talking about your home you have to have an income you have to go to work every single day to pay off the mortgage to get this tax incentive not even the tax break or the tax credit you're getting a little tax deduction from the interest that you have to pay but you still have to work to get the money to pay it versus here the assets doing all the work for you"
By Minority Mindset | June 9, 2024 | Pending
From video
How Rich People Use Debt & Taxes To Get Rich(er) 00:19:36 - 00:19:54
Interpreted Prediction
The mortgage interest deduction for homeowners requires earned income to pay the mortgage, while real estate investors use the asset's income to cover the mortgage, making it more advantageous.

Prediction Details

Topic
Mortgage Interest Deduction vs. Real Estate Investor

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