22 Dec The Art of Appreciating Depreciation:Understanding Yet Another Real Estate Tax Benefit

Unlike the often depreciative experience of human aging, as your investment property ages it gives the gift of depreciation.  As this Investopedia article explains: “Depreciation can be a valuable tool if you invest in rental properties because it allows you to spread out the cost of buying the property over decades, thereby reducing each year’s tax obligation.” 

 

 

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