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Real estate pros enjoy unique tax breaks

Realty Tax Tips-Part 6: Depreciation is the best deduction

Why do individuals invest in real estate? Appreciation in property market value? Leverage benefits of controlling investment property profits with little or no cash down payments? Income tax shelter benefits? No matter what type of investment real estate you prefer, such as rental houses, apartments, vacant land, commercial buildings, shopping centers or warehouses, they all offer big tax incentives for investors who understand those benefits. Purchase Bob Bruss reports online. THE BEST REALTY INVESTOR TAX BREAKS GO TO 'REAL ESTATE PROFESSIONALS.' If you spend at least 750 hours per year, or more than 50 percent of your working hours, involved in real estate activities, you probably qualify as a "real estate professional." That means you are eligible for virtually unlimited income tax deductions from your investment property. Full-time real estate brokers, realty sales agents, property managers, builders, contractors and leasing agents are examples of qualified real estate profess...