ilmscore | Prediction Details
"So, let's go back to this original example right here. You bought this quarter million property, rent it out for $2,500 a month, and after all your expenses, you're making $385 a month or $4,600 a year. Now, you make this $4,600 a year of income, which is nice, but you got to pay taxes on this money because remember we just talked about anytime you have income in the eyes of the IRS, you have to pay taxes. But real estate gives you this very interesting tax break called depreciation, which says that if your property is one year older, you qualify for a write off."
By Minority Mindset | December 25, 2025 | Correct
From video
The Legal IRS Cheat Code Used by the 1%: ‘Borrow Until You Die.’ 00:11:27 - 00:11:57
Interpreted Prediction
Real estate depreciation allows for an annual write-off, reducing taxable income, even if the property is increasing in value.
AI Evaluation Notes
The prediction is that real estate depreciation allows for an annual write-off, reducing taxable income, even if the property is increasing in value. This is a fundamental aspect of real estate investment and tax law, and remains accurate as of January 14, 2026 [cite: i].

Prediction Details

Topic
Real Estate Depreciation

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