Deep Dive in Depreciation | Real Estate is the I.D.E.A.L. Investment | Street Smart Investor

Depreciation, couple this with a formidable tax strategy that allows us as investors to pretend, for tax purposes, that the value of our property is going down while we really know that in most areas it is going up. We are receiving tax benefits (Depreciation) while receiving income. The income exceeds our expenses, yet we get to write off more than our income. This results in tax losses. Uncle Sam tells us that we lose money even though we made money. I think they call that “Voodoo Economics.” Of course, the government’s real reason for these tax incentives is to entice us to invest in rental real estate. They learned they aren’t very good landlords and decided giving the public an incentive to deal with tenants would help get them out of the land-lording business. So, this means you can own it, “lose money” while making money, use the “losses” to offset other income, and potentially zero out your taxes! Imagine that.   Learn from Lou different strategies on becoming a successful Street Smart Real Estate Investor. For more valuable information click on this link and watch the complete episode: https://youtu.be/4FsE_9FGyMg  - “Why Real Estate Is I.D.E.A.L. - “D” = Depreciation - Part 2”   Take Lou's Course: https://www.udemy.com/course/realtors-and-real-estate-investing/?referralCode=305A2A5DB2A2C4543B7F Lou Brown has been buying, selling and holding property for 40 years and you are about to discover what a lot of so called gurus are missing. * How to buy all the property you want without ever visiting a single bank or needing to qualify for a loan… * How to have a buyer or renter before you even buy property… * How to have them already pay you money before you sold them anything… These are exactly the kinds of deals he does day in and day out. Most ‘investors’ are getting it wrong. It’s not about the property, it’s about the buyer. Buying right and buying cheap is w