depreciatio – Lilypads Ads Studio

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depreciatio – Lilypads Ads Studio

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How can you use rental property depreciation for tax deductions?

rental property depreciation

Before we jump into how to maximize rental property tax deductions, let’s take a quick sneak through how real estate depreciation actually works. Simply put, Depreciation refers to the process of subtracting the deductible expenses of buying, modifying, or renovating a rental property. Instead of taking away a lump sum amount in the current year… Continue reading How can you use rental property depreciation for tax deductions?