OfflineMany new real estate investors have not experienced the power of depreciation and flow through losses from rental real estate. This is essentially the strategy of buying rental property that cash flows but “on paper” is losing money because of the method by which you write off the purchase, i.e., depreciation. By the time an investor deducts the mortgage interest, repairs, maintenance and depreciation, the project creates a “tax loss,” even though you may be collecting enough rent to cover the mortgage.
More than any other profession, real estate investors have the most to gain from rental real estate. I recommend every investor take the time to study and learn about rental real estate and the related deductions, such as depreciation, chattels and tax-free appreciation. Many times the greatest financial return from rental real estate is not the cash flow from the rental itself, but from the tax-free appreciation and the losses that flow through to the investor’s personal tax return from the operations of the business. A “real estate investor” who is entitled to potentially deduct these losses, while other professions and industries don’t have such a luxury.
If you would like the chance to work with me or one of my fellow real estate investor coaches and our advanced training programs, give us a call anytime to see if Dean's Real Estate Success Academy and our customized curriculum is a fit for you. Call us at 1-877-219-1474 ext. 125
Huh???
CHATTELS, property. A term which includes all hinds of property, except the freehold or things which are parcel of it. It is a more extensive term than goods or effects. Debtors taken in execution, captives, apprentices, are accounted chattels.
Chattels are personal or real. Personal, are such as belong immediately to the person of a man; chattels real, are such as either appertain not immediately to the person, but to something by way of dependency, as a box with the title deeds of lands; or such as are issuing out of some real estate, as a lease of lands, or term of years, which pass like personally to the executor of the owner.
In the common law systems personal property may also be called chattels. It is distinguished from real property, or real estate. In the civil law systems personal property is often called movable property or movables - any property that can be moved from one location to another. This term is in distinction with immovable property or immovables, such as land and buildings.
If you would like the chance to work with me or one of my fellow real estate investor coaches and our advanced training programs, give us a call anytime to see if Dean's Real Estate Success Academy and our customized curriculum is a fit for you. Call us at 1-877-219-1474 ext. 125
I saw them from my 2008 years tax return. It helped me get back three times more money from the IRS than I ever did.
Hope to increse that even more given time.
Thansk for sharing the information and insight. There are so many great reasons to be a real estate investor and I believe people should really undertsand all the benefits and then they would discover how great REI really is. Thanks for sharing and explaning the benefits. I really good rental proeprty can not only put cash in your pocket but also reduce your tax liability and ultimately put even more cash in your pocket! How great is that? Believe and Achieve!
- Joe
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