Real estate depreciation is a tax benefit that allows property owners to deduct the cost of the property over time, reflecting the natural wear and tear on the asset. It's a valuable tool for reducing your taxable income, but understanding the rules and limitations is crucial. Consult a tax professional to maximize your benefits. #realestateinvesting #taxstrategy

British Columbia has announced the BC Affordability Credit and BC Family Benefit. We'll have a closer look at them in this video.The first should provide some benefit to seniors as well.
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#taxcredit #tax #taxseason #taxstrategy #senior #seniorshousing #seniorbenefits
https://youtu.be/OafW_cOk6y8