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Updated about 1 year ago,

User Stats

7
Posts
5
Votes
Leo Young
  • Boston/NYC
5
Votes |
7
Posts

Can offset gains from stock sale with RE depreciation as a real estate professional?

Leo Young
  • Boston/NYC
Posted

Can you offset your capital gains from a stock sale with your depreciation from real estate if you're a real estate professional?

e.g. If you get a lot of bonus depreciation from performing a cost seg on a property, can that be used to offset the gains from selling stocks if you're REP status?

I know for opportunity zones you can defer the capital gains payment until 12/31/2026, but not sure if there are other ways to defer/mitigate capital gains from selling stocks.

Thanks in advance!

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