ilmscore | Real Estate Depreciation Impact Predictions
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In rental property scenarios, depreciation can potentially offset income entirely. For instance, $10,000 in income and $10,000 in depreciation on a rental property can result in zero taxable income on paper.
"you have a $10,000 let's call it one rental property and you have a $10,000 income but your deprecia..."
Apr 22, 2024
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