10 Incredible Tax Benefits of Real Estate Investing
The Personal Finance Podcast
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Depreciation Helps You Shelter Your Income From Taxes
Depreciation is something called a paper loss. With depreciation, you don't have to spend any dollars whatsoever. The IRS came up with the number 27 and a half years for residential real estate. That's where it wears down. And this is one of the major benefits of real estate because that depreciation costs over time. If you have 10 properties, for example, that's $15,000 per year that you are saving in depreciation.
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