ilmscore | Prediction Details
"as a real estate investor when I go out and I buy a property I get a lot of deductions for example I get a deduction which says my property is one year older so I deserve a write off you don't get that when you go out and try to flip a property this is called depreciation deduction"
By Minority Mindset | July 8, 2024 | Pending
From video
Why I Am Not A Real Estate Flipper 00:04:00 - 00:04:11
Interpreted Prediction
Real estate investors can claim depreciation deductions, effectively writing off the property's value as it ages, which is not available for property flippers.

Prediction Details

Topic
Real Estate Investment Tax Benefits

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