Real estate is an attractive investment for many reasons, including the potential for steady income and long-term capital appreciation. But there's another benefit that's often overlooked: real estate depreciation. Real estate depreciation is a powerful tax strategy that can help real estate investors save money on their taxes and increase their cash flow. In this article, we'll explain what real estate depreciation is, how it works, and how you can take advantage of it to reduce your tax bill.
What is Real Estate Depreciation?
What is Real Estate Depreciation?
What is Real Estate Depreciation?
Real estate is an attractive investment for many reasons, including the potential for steady income and long-term capital appreciation. But there's another benefit that's often overlooked: real estate depreciation. Real estate depreciation is a powerful tax strategy that can help real estate investors save money on their taxes and increase their cash flow. In this article, we'll explain what real estate depreciation is, how it works, and how you can take advantage of it to reduce your tax bill.