tax shelter is a phrase often used to describe some of the tax advantages of real estate or other investments, such as noncash deductions for cost recovery (depreciation), interest, taxes and postponement or even elimination of certain taxes. The tax shelter not only may offset the investor's tax liability relevant to the real estate investment but also may reduce the investor's other ordinary income, which reduces overall tax liability.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). tax shelter. Retrieved October 1, 2026, from http://smartdefine.org/tax_shelter/definitions/1164928 |
| Chicago | Barry Goldsmith. 2010. "tax shelter" http://smartdefine.org/tax_shelter/definitions/1164928 (accessed October 1, 2026). |
| Harvard | Barry Goldsmith 2010, tax shelter, Smart Define, viewed 1 October, 2026, <http://smartdefine.org/tax_shelter/definitions/1164928>. |
| MLA | Barry Goldsmith. "tax shelter" 21 October 2010. Web. 1 October 2026. <http://smartdefine.org/tax_shelter/definitions/1164928> |