Thanks for the reply & pointers. My impression is that real estate simply has some of the best tax treatments. My assertion - the best tax treatments are for those that do not make wage income. For that to be true, there just needs to be far better tax breaks for someone who rents many properties compared to someone like me that has a single W2 job & a mortgage.
Yet, you do raise a good point, a building for a landlord is akin to a server for an IT company - both are tax write-offs. The world is full of nuance though.. I really appreciate the dialog.
Yet, you do raise a good point, a building for a landlord is akin to a server for an IT company - both are tax write-offs. The world is full of nuance though.. I really appreciate the dialog.