ilmscore | Real Estate Depreciation Tax Break Predictions
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Recent Predictions

Total: 6
Correct: 0
Incorrect: 0
Pending: 6
Unrated: 0
Prediction
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Video
For a $200,000 property ($150,000 for the house), a depreciation write-off of approximately $5,400 is possible annually due to the property aging.
"So, if we assume in this example that this $200,000 property is $50,000 worth of land and $150,000 w..."
Jun 25, 2025
Pending
Real estate investors can utilize a tax break called depreciation, which allows a paper write-off based on the property aging, reducing taxable income.
"depreciation which means you get a paper write off this is not money that you have to pay this is a ..."
Oct 14, 2024
Pending
The IRS allows real estate investors to deduct a portion of the physical property's value annually for 27.5 years, based on a $200,000 purchase with $20,000 attributed to land, meaning $180,000 of the building can be depreciated.
"so what you do here is first you separate the value of the property versus the land so you bought th..."
Mar 22, 2024
Pending
Investors can claim depreciation as a tax write-off by stating their property is older and has wear and tear.
"you get the value of depreciation which means you get to tell the IRS hey my property is a year olde..."
Dec 3, 2023
Pending
Investors can claim tax write-offs for property depreciation, regardless of actual physical wear and tear, by telling the IRS the property is older.
"you get to tell the IRS hey my property is a year older it has wear and tear and because of that I d..."
Dec 3, 2023
Pending
Residential real estate allows for a 27.5-year straight-line depreciation, and commercial buildings for 39 years, enabling deductions from income based on the property's age and value.
"you get a 27 and A2 year straight line depreciation I'll explain what that means that's what it is a..."
Oct 22, 2023
Pending