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Depreciation sounds like an expense, however it is generally a tax side. On a $125,000 property, for example, the depreciation over 27 and one-half years comes to $3,636 12 months. This is a tax deduction. In the early involving your mortgage, interest will reduce earnings on the real estate so you will not have a great deal of profit. During this time, the depreciation comes in handy to reduce taxable income utilizing sources. In later years, it will reduce the amount of tax obtain a on rental profits.
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