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Retire Well Expo: Big Tax Benefits of Real Estate Available For Investors 2022! Like most people, you are probably considering buying real estate now that the rates are so low, and searching for the best tax benefits of real estate available for investors. A powerful tax benefit of real estate investing is earning tax deductions using what's known as rental property depreciation. In general, buying real estate investments in the United States is a pretty sweet deal relative to many parts of the world. Not only can you secure a 30- year fixed-rate loan that never keeps up with inflation, which is a gift in itself but on top of that, there is depreciation. What is rental property depreciation exactly? Depreciation is the recovery of the costs that come with the upkeep of real estate investment properties through your annual tax deductions. As each year passes, the real estate naturally begins to break down. For tax purposes, depreciation is always considered a net loss on real estate investment properties, independent of any profits on the property. You can take advantage of the best tax benefits by investing in real estate through what is known as limited partnerships and/or limited liability companies. When you get a 30-year fixed- rate loan, (another smart move) inflation is not going to erode the value of your loan over time. Another 15 years go by, and all of your real estate investment homes are worth a million dollars each, for example, to make the math easy, an investor has a lot of taxes to pay, right? Always searching for the best tax benefits of real estate investing can spin anyone out. To learn more, contact us at: https://icgre.com
