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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
A building valued at $400,000, depreciated over 27.5 years, yields an annual tax write-off of approximately $14,500.
Prediction Details
Topic
Real Estate Depreciation Calculation Example
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