ilmscore | Prediction Details
"real estate has this special exemption called depreciation which says that because your property is one year older you get a tax write off on your income so now you might get to say Hey IRS I generated say say $10,000 in income from this property but then you get to subtract this depreciation"
By Minority Mindset | August 19, 2024 | Pending
From video
Own These 5 Investments and Never Stress About Money Again 00:10:11 - 00:10:37
Interpreted Prediction
Explains the depreciation deduction in real estate as a tax write-off, allowing investors to legally reduce taxable income.

Prediction Details

Topic
Real Estate Depreciation Deduction

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