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Updated over 6 years ago,

User Stats

14
Posts
1
Votes
Douglas Stewart
  • Los Angeles
1
Votes |
14
Posts

Depreciation Schedule Expiring

Douglas Stewart
  • Los Angeles
Posted

My father in law owns a 176 unit building in Los Angeles.  It was built in 1991 meaning the depreciation schedule is beginning to expire.  He is worried about losing the tax benefits.  How big of a concern is this?  Would updating the units be a good way of replacing it?  Any other suggestions are welcome.  Thank you!

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