Paying all cash what are the tax benefits

[Delbert Standifer]

I’m trying to understand what are the tax benefits for having a property paid off.

[Steve Vaughan]

What a bunch of horse sh*t.  So you can't take depreciation if you don't have debt?  LOL

The tax advantages are you will no longer get a -70% return.  Give the bank $10k in interest and the IRS gives you $3k back.  That's your 'tax benefit'.

The real savings happen when you buy without a loan.  Saves me $5k in borrowing costs, bs appraisal and bs lenders insurance every time.