ilmscore | Prediction Details
"you get to also pay less money in taxes in this instance you'll probably be paying no money in taxes on your rental income because again if you do the depreciation deduction on $180,000 home you subtract the land value then you take the property value divide it by 27.2 well you're probably going to have a loss on paper"
By Minority Mindset | March 22, 2024 | Pending
From video
Start Investing In Real Estate The RIGHT WAY In 2024 00:21:11 - 00:21:37
Interpreted Prediction
Through depreciation deductions, it's likely possible to show a paper loss for tax purposes on a $180,000 home, potentially resulting in paying no taxes on rental income.

Prediction Details

Topic
Real Estate Investment Returns (Mortgaged with Tax Benefits)

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