What is Rental Property Depreciation? | Investing for Beginners скачать в хорошем качестве

What is Rental Property Depreciation? | Investing for Beginners

What is rental property depreciation? We're explaining it step-by-step in today's video. ► Get A Free Stock on WeBull when you deposit $100 (Valued up to $1,400): ➜ http://bit.ly/2xlc0q9 ► Join our private Financial Freedom Academy: ➜ http://bit.ly/2GdjDCb ► Ready to buy your first FULLY DONE FOR YOU rental property? Book a 30 Minute call with our team ➜ http://bit.ly/2lesrPD ► Want 0% Interest Funding For Your Real Estate? ➜ http://bit.ly/3cIQLis ► Read My Best Selling Book “How to Pay Off Your Mortgage in 5 Years” ➜ https://amzn.to/2CcSxIB ► Download our FREE Freedom Number Cheat Sheet here ➜ http://bit.ly/2yj3pC6 ----------------- ► Want a 6% Interest Savings Account? Sign up for Outlet ➜ https://morrisinvest.com/outlet ----------------- Depreciation is defined as a reduction in the value of an asset over time. In this video, I’m explaining why depreciation is one of the most powerful benefits of real estate investing. Depreciation is important because it helps you keep more money in your pocket, instead of sending it off to the federal government at tax time. Depreciation is a fantastic way to mitigate your overall tax burden, so you’ll want to know exactly how it works. This video contains a specific example of how to calculate depreciation, and how it works inside the current tax code. I’ll also discuss a way to elevate your depreciation strategy and discuss how raw land ties into this topic. ----------------- DISCLAIMER: I am not a financial adviser. I only express my opinion based on my experience. Your experience may be different. These videos are for educational and inspirational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. There is no guarantee of gains or losses on investments. AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact my opinion. We recommend them because they are helpful and useful, not because of the small commissions we make if you decide to use their services. Please do not spend any money on these products unless you feel you need them or that they will help you achieve your goals.