theHRguy@lemmy.world to Today I Learned@lemmy.worldEnglish · 21 hours agoTIL: There are 27.4 Empty Homes for Each Homeless Person in the U.Smedium.comexternal-linkmessage-square179fedilinkarrow-up1669arrow-down116
arrow-up1653arrow-down1external-linkTIL: There are 27.4 Empty Homes for Each Homeless Person in the U.Smedium.comtheHRguy@lemmy.world to Today I Learned@lemmy.worldEnglish · 21 hours agomessage-square179fedilink
minus-squarenull_dot@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up2arrow-down1·16 hours agoThats not what depreciation means. If youre trying to say the wear and tear decreases the property’s value, it wouldn’t decrease much more than a rented property, and the investor would have all that rent income.
minus-squareBronzebeard@lemmy.ziplinkfedilinkEnglisharrow-up1·11 hours agoAlso they already get a tax break for depreciation…
Thats not what depreciation means.
If youre trying to say the wear and tear decreases the property’s value, it wouldn’t decrease much more than a rented property, and the investor would have all that rent income.
Also they already get a tax break for depreciation…