ilmscore | Prediction Details
"you take the value of the property you divide it by 27 and a half so that's just what it is for single family homes if you're investing in residential real estate you take the value of the property you divide it by 27 and a half and then this was right around $4,700 and this is how big of a tax break that you get every single year for 27 and a half years"
By Minority Mindset | December 3, 2023 | Pending
From video
Make Your First Million In Real Estate 01:27:37 - 01:27:47
Interpreted Prediction
For residential real estate, the value of the property divided by 27.5 yields an annual tax depreciation break of approximately $4,700 for 27.5 years.

Prediction Details

Topic
Real Estate Depreciation Tax Break Calculation

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