ilmscore | Prediction Details
"If you make $100,000 a year or less, you can deduct up to a $25,000 loss against your income, which means in this situation, you're making $100,000 a year. You have the $25,000 loss in your properties. Now, you pay taxes on only $75,000."
By Minority Mindset | June 21, 2025 | Pending
From video
The IRS Doesn’t Want You To Know This (But The Rich Use It Daily) 00:18:29 - 00:18:42
Interpreted Prediction
Individuals earning $100,000 or less annually can deduct up to $25,000 in real estate losses against their job income, reducing taxable income.

Prediction Details

Topic
Deducting Real Estate Losses Against Job Income

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