The Tax Benefits of Real Estate

You can definitely pay less taxes with real estate legally. depreciation is one where the i r s lets you take the total cost of the property and write off a little bit of that cost every single year. Ten 31 exchange, where if you sell a property you've held for over a year, you can purchase another property and not pay any taxes on the money you've gained from it. The fourth way that you that real state can help you built wealth is by the loan pay down. So when we talked about the appreciation of top you have this property value that's appreciating over time, but then you also have this loan balance is being paid down by your tenants.

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