3 ms·
In my opinion the problem is the ability of people to write some percentage of owned homes as tax losses as depracation to a ridiculous degree. Its often possib
by RugnirViking 2y ago
In my opinion the problem is the ability of people to write some percentage of owned homes as tax losses as depracation to a ridiculous degree. Its often possible to buy a home, write off its entire value as a loss due to depracation, and then sell it for more then you bought it for, without ever once renting or using it. This is also true for some other asset classes, like ships