Twitch Streamer Amouranth Bought A Gas Station For -$110,000 Using Rich-Person Math
Twitch’s signature hot tub streamer made a surprisingly normal investment
Kotaku
Huh. So this streamer buys a gas station that costs $4million but only has to pay $1million upfront but by taking out a massive loan to pay for the $1million and then using our terrible tax law "loopholes" based off of depreciating the speculative value of the property she received a $1,100,000 tax deduction, getting a net gain of $100,000. It's a great (intentional) example of why wealth inequality is easily widened and purposefully upheld. No poor person could possibly get those loans.