ilmscore | Prediction Details
"if you now buy a commercial building like this one is then you get to write off 139th of the value of the building so now we know that the value of this building is eight hundred thousand dollars you take the eight hundred thousand dollars you divide it by 89 which is just over twenty thousand dollars which means that now you get to take an additional twenty thousand dollar write-off just because now your building is one year older this is what's called a paper deduction"
By Minority Mindset | September 17, 2023 | Pending
From video
How To Stop Paying Taxes (Legally) & Build Your Financial Freedom | Jaspreet Singh 02:53:50 - 02:57:13
Interpreted Prediction
Commercial buildings can have 39-year straight-line depreciation, allowing a deduction of approximately $20,000 annually on an $800,000 building value.

Prediction Details

Topic
Real Estate Depreciation Deduction

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