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ilmscore | Prediction Details
"The way it works for single family home rentals is you take the value of the property. Remember it was $150,000 and you divide it by 27.5. Why is it 27.5? Because that's what the IRS says."
By
Minority Mindset
|
June 25, 2025
|
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From video
Buy These 7 Investments To Get Paid Every Month
00:12:23 - 00:12:35
Interpreted Prediction
The IRS mandates that the value of a single-family home rental property is depreciated over 27.5 years.
Prediction Details
Topic
Real Estate Depreciation Calculation
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