What is depreciation?

Depreciation is a deductive concept that clearly exemplifies the exposition of the previous point, since the government allows to deduct a percentage of the total value of the property for approximately thirty years, which supposes a great fiscal benefit when making the tax declaration, which Added to the amount of the mortgage can even leave it in negative.

The amounts and deductions can be variable in each case, however, the most appropriate in this point is to go to a tax advisor to receive professional assistance.

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