Getting Real some ideas on how to retain the benefits of the mortgage interest and property tax deductions under the new tax law.
Tax Reform Hacks For Real Estate A Bit More Complicated
However, a real estate investor does get to depreciate a property at about 3.6% per year. So on that $625,000 condo that I used as an example in my first post on this subject the depreciation would be around $22,700/ year compared to property taxes of about $12,500 per year + the mortgage interest. Tax Reform Hacks For Real Estate A Bit More Complicated – Getting Real
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