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531 - Maximize Your Tax Returns This April With These Smart Maneuvers by Chris Clothier

BiggerPockets Daily

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Tax Advantages for Real Estate Investors

Real estate investors can effectively demonstrate a loss even if their rental income is in the black. Sales costs are deducted from the price of the sale. For a property worth 200 thousand dollars, an investor is looking at a yearly deduction of over seven thousand bucks. You're reducing your taxable income, but not cash flow. And that's al depreciation is not negotiable.

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