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ilmscore | Prediction Details
"so now you take this $400,000 and you're going to divide it by 27.5 which equals about $14,500 this is how much you can write off in your taxes every year just because your property is one year older"
By
Minority Mindset
|
December 3, 2023
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From video
Make Your First Million In Real Estate
00:08:56 - 00:09:12
Interpreted Prediction
For a $400,000 building, a 27.5-year depreciation schedule results in approximately $14,500 in annual tax write-offs.
Prediction Details
Topic
Real Estate Depreciation Calculation
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