What's going on everybody?

Welcome back to this week's no limit minute.

You know, we love to take these Tuesday episodes and talk about all kinds of random things, right?

Stuff going on in my head that particular week,

what we're currently kind of facing in our business,

maybe with the market's facing,

something that we've done recently that's helped us improve revenue

or something of that sort. So today I want to tell you how to try to

save money from the tax man from all Uncle Sam especially as we're we're sitting here in peak tax season.

I know it's been on top of my mind a lot.

How much am I going to have to pay in taxes this year?

Now we all know most of you anyway, listening to this episode right right now know that the whole reason we love real estate one of the big reasons is that you can avoid having to pay taxes.

It's a government incentivized investment and the incentive is basically hey will eliminate your need to pay any

taxes on the income that you've made if you invest in these particular types of

real estate through these particular avenues right they incentivize what they want you to do of course

depreciation,

depreciation, right? They incentivize what they want you to do. So what we found is of course depreciation, baseline depreciation,

helps offset ordinary income. Now most of the time what it does is it's

offsets just passive income. So if I'm a passive investor and I go spend $50,000 on a

syndication and I get a loss of $25,000 on paper for that particular year.

Let's see I made 10% on my money.

10% of $50,000 is $5 grand.

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