The IRS hands rental property owners a $10,973 coupon every year

Depreciation explained without the accounting jargon

What if the IRS told you that you could pretend your rental property was slowly falling apart — even if it’s actually going up in value — and use that pretend loss to pay less in taxes?

You’d probably say, “Yeah right, what’s the catch?”

There’s no catch. It’s called depreciation. And it’s one of the best perks of owning rental real estate.

Here’s the deal…