Dave Seymour, CEO of Freedom Venture Investments, explains that depreciation is a tax benefit for actual property traders. It means that you can depreciate the worth of your actual property funding for 27 ½ years. Depreciation can usually offset the earnings you acquire, thereby paying much less taxes. However, you may solely depreciate the worth of the property, not the land. Cost segregation means that you can speed up depreciation for tax functions. If you have an interest in investing in multifamily properties to diversify your portfolio, go to us at www.freedomventure.com, or attain out to our actual property funding agency as we speak!
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