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The IRS understands that overtime, your house costs money to maintain. They allow you to deduct money from your taxes to account for the costs of a depreciating house. The great thing is that all interest in Real Estate know that it generally goes up in value over a long enough period of time. So, while your investment goes up in value, you are still able to deduct from your taxes it's depreciation.
If this article sparks your interest, I would recommend going straight to the IRS to get more information. Here is what you'll need to know.
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