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Updated over 1 year ago,

User Stats

7
Posts
3
Votes
Nitish Gupta
3
Votes |
7
Posts

Offset W2 Taxes

Nitish Gupta
Posted

I am not an accredited investor. If I invest into a multifamily house, eg 25k$ for a certain % ownsership into the LLC that was created by the actual entity for that house. Can I use the depreciation to offest my W2 taxes?

I ask as I recently found out that you cant do that with syndications

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