Wealthion - Be Financially Resilient cover image

Ask The Accountant: Live Q&A with Tom Wheelwright

Wealthion - Be Financially Resilient

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Is There a Tax Angle to the View?

There is some tax pressure on people still buying because they get this big tax deduction, which typically can be like at 80%. That can be as much as 20 to 25% of the cost of the property as a deduction. So I do think the bonus appreciation probably put some pressure upward pressure on housing price certainly has put upward pressure on multi family housing.

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