That Awesome Deduction That You Do Not Have To Pay Cash For; Yet It Generates Cash Flow In Your Pocket!
Sunday, June 7th, 2009 by Kathy KennebrookAlbert Aiello, CPA, MS Taxation, RE Investor
I am talking about the most powerful deduction for the real estate investor – Depreciation — which is an annual tax write-off of the cost basis of assets held for rental or business-use, such as real estate.
Why this “NO-cash-out; yet cash-IN” phenomena?
The first part, “NO cash out” is [...]

