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Taxes
Tax Deductions
Definition
Expenses or losses that can be subtracted from taxable income, reducing the amount of tax owed.
Use Case
Real estate investors can take advantage of various tax deductions, such as mortgage interest, property taxes, and operating expenses.
Related Terms
1031 Exchange
Depreciation
Cost Segregation
Glossary Categories
Explore more commercial real estate definitions, use cases and terms.
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