ilmscore | Prediction Details
"what you should do is try to find ways to generate losses not monetary losses but losses on paper ways in doing that are investing in real estate especially if you're under $150,000 in income because if you're under $150,000 in income you could benefit from Real Estate losses up to $25,000 where if you're making more than $150,000 in income you can't tap into those losses you'd have to carry them forward"
By Minority Mindset | April 22, 2024 | Pending
From video
ACCOUNTANT EXPLAINS: How To Pay Less Taxes | Khalil Dabaja x Jaspreet Singh 00:00:27 - 00:00:51
Interpreted Prediction
Employees earning under $150,000 in income can benefit from up to $25,000 in real estate losses, which can offset their taxable income. Those earning over $150,000 can carry these losses forward.

Prediction Details

Topic
Tax Deductions for Employees

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