The IRS lets you pretend your property is slowly falling apart over 27.5 years (even if it's not), so you get a big fat deduction every year - without spending a dime.
By breaking your property into parts (think appliances, lighting, flooring, etc), you can accelerate depreciation and take bigger deductions upfront - which means more cash in your pocket and offsetting high income taxes NOW instead of waiting 27.5 years
That massive chunk of change you pay in interest? Yep, it's tax-deductible. Instead of crying over your mortgage bill, you can write it off and smile.
New water heater? roof repairs? Fresh coat of paint? As long as it keeps your rental in good shape, it's a business expense, meaning it lowers your taxes.
You're already paying property taxes, but the IRS lets you deduct them from your taxable income - so why not make it hurt a little less?
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