ilmscore | Prediction Details
"you also get the value of depreciation which means you get to tell the IRS hey my property is a year older it has wear and tear and because of that I deserve a tax write off on my taxes even if your property is more valuable even if you have no real physical wear here you still get to write off this depreciation against your taxes which means you get more money in your pocket while paying less money in taxes"
By Minority Mindset | October 22, 2023 | Pending
From video
How To Build True Wealth Through Real Estate Investing | Jaspreet Singh 00:07:51 - 00:08:13
Interpreted Prediction
Real estate investors can claim tax deductions for depreciation, even if the property has no physical wear and tear, reducing taxable income.

Prediction Details

Topic
Real Estate Tax Breaks

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