Depreciation is defined as the decrease in the value of an asset over time. It is one of the most powerful tax breaks from real estate investments! APC leader Tom Wheelwright calls the devaluation “the magic trigger”.
Depreciation is important because it helps you keep more money in your pocket instead of sending it to the federal government at tax time. This is a great way to reduce the overall tax burden. So you want to know exactly how it works. In this video, you will learn the magic!