NEW: Article on Annual Depreciation Allowance

An article entitled “How to Figure a Real Estate Investor’s Annual Depreciation Allowance” has been written and posted on the ProAPOD Real Estate Investment Software website.

The article explains the the allowance for depreciation real estate investors are given by the IRS along with the formulation. Here’s an excerpt:

“One of the biggest tax deduction benefits associated with real estate investing is the allowance for depreciation real estate investors are given by the IRS. Primarily because depreciation (known as cost recovery) is a “paper loss” the real estate investor can write off during each year of ownership without having to spend a dime out of pocket.”

The article is free to read courtesy of ProAPOD Real Estate Investment Software.