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TAX BENEFITS |
They say there are two things none of us can avoid - Death and Taxes. Taxes are the single biggest expense of the average American household. Real estate can make the tax laws work in your favor. For example, appreciation is tax free until the property is sold at which point taxes are assessed at a reduced capital gains rate. But why sell? Refinance your property and remove equity TAX FREE! You can also reduce your current taxable income at normal tax rates with depreciation and expenses. There other ways to reduce your taxes so be sure to consult your tax professional. Experiences may vary. Content contained herein is the opinion and experience of ANR Properties, LLC. ANR Properties, LLC is not liable for individual results. |