In a world where everything seems available for rent — from scooters and car rides to first-time apartments and even long-term homes — the value of homeownership stands out more. In 2024, owning a home holds greater significance for individuals in America than ever before. In a world where everything seems available for rent — […]
Increasing the velocity of your wealth with real estate depreciation
Depreciation of real estate is a tax concept designed to promote investment in real estate, thereby increasing the supply of housing. Bottom line, real estate depreciation can save you money at tax time, increasing the velocity of your real estate investment.(Photo: Pexels). In the U.S., real estate is known for appreciating over the long […]