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720: Seeing Greene: Why Interest Rates Don’t Matter As Much as You Think

BiggerPockets Real Estate Podcast

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The Bonus Appreciation Strategy for Real Estate Professionals

When you buy a property, the government lets you write off a portion of that property every 27 and a half years because it's going to be falling apart. If you're a full time real estate professional, they will let you take the losses. Now when you combine that allowance with bonus depreciation, you're actually able to not wait 27.5 years to take that money. You can do a study where they let you take it all in year one. This is how people like Robert Kiyosaki and Donald Trump and me, when we say, I don't pay any income taxes, IDon't pay taxes at all.

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