Скачать или смотреть What Is Depreciation for Real Estate?

Depreciation is defined as the reduction in the value of an asset over time. Depreciation is one of the most powerful tax benefits of real estate investing! Our favorite CPA Tom Wheelwright calls depreciation "the magical deduction." ✨

Depreciation is important because it helps you keep more money in your pocket, instead of sending it off to the federal government at tax time. This is a fantastic method used to mitigate your overall tax burden, so you'll want to know exactly how it works. In this video, you're going to learn about the magic of depreciation!

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