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ilmscore | Prediction Details
"there's a lot of tax breaks that I get with real estate that I don't get with the stock market so even as I get the $7,000 a year in passive income I don't have to pay taxes on all $7,000 because there's other tax deductions that I can take like something called the depreciation tax deduction"
By
Minority Mindset
|
April 28, 2024
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EXPLAINED - How To Double Your Money With Compound Interest
00:13:57 - 00:14:13
Interpreted Prediction
Real estate investors benefit from tax advantages like the depreciation deduction, reducing taxable income on passive income.
Prediction Details
Topic
Real Estate Tax Advantages (Depreciation)
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