ilmscore | Prediction Details
"the third one is depreciation so let's say next year i rent it out for the full year i can actually depreciate it over the course of 27 and a half years but the value that i use to depreciate it on is not the purchase price of 1.33 million it's going to be only on the building itself and not the land so based on my personal situation that translates to another 930 a month"
By Andrei Jikh | August 5, 2022 | Pending
From video
MY NEW LAS VEGAS HOME TOUR 00:11:17 - 00:11:40
Interpreted Prediction
The speaker expects to claim a depreciation deduction of $930 per month on the building value (excluding land) over 27.5 years, assuming the property is rented out for a full year.

Prediction Details

Topic
Real Estate Tax Deductions

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