ilmscore | Prediction Details
"So, I made $15,800. This is how much money is in the bank. I get to take a $7,200 write-off, which means I have a taxable income of $8,600. this is how much money I'm going to actually pay taxes on even though this is how much money I have in the bank. This is one of the hacks that real estate investors have to pay less money in taxes legally because the IRS tax code says that you get this depreciation deduction."
By Minority Mindset | November 7, 2025 | Correct
From video
The Passive Income Lie Keeping You Broke - And Angry 00:27:01 - 00:27:24
Interpreted Prediction
A real estate investor earning $15,800 can reduce their taxable income to $8,600 by utilizing a $7,200 depreciation deduction, thereby legally paying less in taxes.
AI Evaluation Notes
The prediction that a real estate investor earning $15,800 can reduce their taxable income to $8,600 by utilizing a $7,200 depreciation deduction is a genuine prediction about tax benefits. The prediction holds true as it accurately reflects how depreciation deductions can reduce taxable income for real estate investors, aligning with IRS tax code.

Prediction Details

Topic
Real Estate Investment

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