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Number 6, land improvement and pre-development costs. Scenario. You buy land and prep it for construction? The tax advantage? Clearing, grading, drainage, engineering, and permit fees can often be capitalized, Meaning they add to your cost basis and reduce your capital gains when you sell. The result? Less taxable profit when you cash out. Get in the game. #RealEstateInvesting #TaxAdvantages #PropertyDevelopment #FinancialStrategy #OPM
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