ilmscore | Prediction Details
"The real estate tax code allows you as an investor to file what's called a depreciation deduction. It is a paper write off on your taxes that says you deserve a tax break because your property is one year older period and this allows some investors to make money to make a profit to have cash in the bank and then pay little to no money in taxes legally."
By Minority Mindset | October 28, 2023 | Pending
From video
Master The 10 Rules Of Investing (Stop Listening To Broke People) 00:08:25 - 00:08:45
Interpreted Prediction
Real estate investors can utilize depreciation deductions to legally reduce their tax liability, potentially allowing them to make a profit and pay little to no taxes.

Prediction Details

Topic
Real Estate Investment

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