The Tax Benefits Of Real Estate Investing: Difference between revisions
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Revision as of 17:25, 5 January 2025
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Depreciation sounds like an expense, but generally a tax plus. On a $125,000 property, for example, the depreciation over 27 and one-half years comes to $3,636 every year. This is a tax deduction. In the early many years of your mortgage, interest will reduce earnings on the property so you may have a very good profit. On this time, the depreciation comes in handy to reduce taxable income using sources. In later years, it will reduce to locate tax not only do you on rental profits.
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