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569: Rich Dad's CPA Shares 5 Steps to Eliminate Income Taxes through Real Estate w/Tom Wheelwright
BiggerPockets Real Estate Podcast
Real Estate
Laman: You can take losses like depreciation and other losses against the income that one business makes. But if you have more depreciation than you can actually use, it doesn't help you. Laman: Once you sell the property, it frees up and you get to use it all. It's a wonderful vicious cycle because we actually buy more real state, we pay less tax. And little you can actually triple your benefit in a single year just because you know you're going to take all that tax money re demploy it.
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