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Updated almost 3 years ago,

User Stats

47
Posts
16
Votes
Anthony Parsons
16
Votes |
47
Posts

Depreciation Recapture Tax -Claiming Depreciation Annually

Anthony Parsons
Posted

Hello.  If I'm renting out my home with the long-term goal being to sell and to pay off my current residence at retirement (15-20 years from now), is it worth it to claim annual depreciation?   I understand if I were to reinvest it into a new property upon the sale then that would be okay, but a little unsure given my long-term goal.  

Thank you.