Depreciation to 0

[Melanie Baldridge]

Warning:

If you depreciate a property down near zero and then have to sell your property at a loss during a situation of distress...

You could end up giving all the proceeds to the bank AND owe the IRS a big chunk of money for recapture.

Long-term tax planning with real estate needs to be coupled with risk management and making sure you don't lose any properties.