Tax advantage for property purchase

[Brianna Babienco]

How do you figure out how much money you’ll save on your taxes by purchasing an investment property? Or how do you calculate tax advantage? Say (very hypothetically😂) I had an income of 400,000 and I bought a $100,000 house with 25% down. What would my tax savings be from a purchase like this? Maybe this is too broad and too many factors involved. Just wondering if there’s a calculator to help calculate tax advantages. Thanks for humoring a newbie!