ilmscore | Real Estate Tax Breaks Predictions
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Real Estate Tax Breaks

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Recent Predictions

Total: 6
Correct: 0
Incorrect: 0
Pending: 6
Unrated: 0
Prediction
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Real estate investors can benefit from tax breaks on rental income, leading to lower taxes.
"Because if I invest my money into real estate and I'm getting that cash flow year after year after y..."
Minority Mindset Minority Mindse...
Aug 28, 2025
Pending
The Investing Playbo...
Real estate offers significant tax advantages, allowing investors to legally pay little to no taxes on their earnings.
"As an attorney, who's not your attorney, what I can tell you is that real estate comes with the bigg..."
Minority Mindset Minority Mindse...
Apr 8, 2025
Pending
The 7 Investments Yo...
Real estate investors can claim tax deductions for depreciation, even if the property has no physical wear and tear, reducing taxable income.
"you also get the value of depreciation which means you get to tell the IRS hey my property is a year..."
Minority Mindset Minority Mindse...
Oct 22, 2023
Pending
How To Build True We...
A $500,000 property with $400,000 building value can yield approximately $14,500 in annual depreciation tax write-off, reducing taxable income from $35,000 to $20,500.
"I made $35,000 and we'll assume that I have no deductions for the purposes of this example and now w..."
Minority Mindset Minority Mindse...
Oct 22, 2023
Pending
How To Build True We...
When using debt, a property with $7,000 profit and $14,500 in depreciation can result in a $7,500 tax loss, despite actual cash profit.
"so now I subtract this $14,500 and I have this $75,000 loss I tell the IRS hey I lost money I have t..."
Minority Mindset Minority Mindse...
Oct 22, 2023
Pending
How To Build True We...
The 1031 exchange allows investors to defer capital gains taxes by reinvesting profits from selling one property into another.
"and the third big tax break that you get is something called the 1031 exchange which says that you c..."
Minority Mindset Minority Mindse...
Oct 22, 2023
Pending
How To Build True We...