✓ checked
trust me, bro:
here is the receipt.
the claim
Owning rental real estate lowers an investor's US income tax through depreciation deductions.
the verdict
SUPPORTED
the evidence backs this
Recorded sources
6 sources for · 0 against
Is it true that Owning rental real estate lowers an investor's US income tax through depreciation deductions?
Yes. A reference source states the IRS allows taxpayers to deduct depreciation of an asset, including rental property, from ordinary income, which lowers taxable income. Other sources partially corroborate that depreciation deductions exist for real estate investors, though they are less direct.
Verdict: SUPPORTED · 6 sources for, 0 against · Last checked
Evidence for · 6
Get citation
Depreciation recapture. (n.d.). en.wikipedia.org. https://en.wikipedia.org/wiki/Depreciation_recapture
See more details
More for · 5
Get citation
Investing/Real estate. (n.d.). en.wikibooks.org. https://en.wikibooks.org/wiki/Investing/Real_estate
Get citation
Aarbu, K. O. & MacKie-Mason, J. K. (2007). Explaining Underutilization of Tax Depreciation Deductions: Empirical Evidence from Norway. doi.org. https://doi.org/10.2139/ssrn.976080
Get citation
Bruss, R. (1983). The Smart Investor's Guide to Real Estate. books.google.com. http://books.google.com/books?id=rTWSoe1eLH4C&dq=Owning+rental+real+estate+lowers+an+investor%27s+US+income+tax+through+depreciation+deductions.&hl=&as_pt=BOOKS&source=gbs_api
Get citation
Income tax in the United States. (n.d.). en.wikipedia.org. https://en.wikipedia.org/wiki/Income_tax_in_the_United_States
Get citation
Hendershott, P. H., Follain, J. R., & Ling, D. C. (1986). Real Estate and the Tax Reform Act of 1986. nber.org. https://www.nber.org/papers/w2098
Receipt History
Anyone with this link can read the claim and its public receipt, including any
personal information in that text. Open permanent receipt.
Check your own claim
Challenge the receipt
Requests are recorded for review. This does not start an automatic check
or guarantee a response time.
Citation formatting by citeproc-js (Frank Bennett) and the Citation Style Language project. Source and licenses.
This receipt is an automated verdict against our published method · not an opinion about any author or publication.
Terms · Privacy · How verdicts work
Terms · Privacy · How verdicts work