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3 votes
As residential rental property, apartments have never offered

some special tax advantages for investors.
True or False

User Rydell
by
8.4k points

1 Answer

6 votes

Final answer:

Apartments can offer some tax advantages for investors, making the statement False.

Step-by-step explanation:

As residential rental property, apartments can offer some special tax advantages for investors, which makes the statement 'Apartments have never offered some special tax advantages for investors' False.

Investors who own rental properties, such as apartments, can take advantage of tax deductions and incentives that are specific to real estate investments. For example, they can deduct expenses related to the property, such as mortgage interest, property taxes, and repairs. They may also be able to claim depreciation on the property andbenefit from the favorable tax treatment of long-term capital gains.

These tax advantages can make apartments and other residential rental properties attractive investments for individuals seeking to generate rental income and build long-term wealth.

User Defne
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8.7k points