Depreciation recapture, income taxes on the depreciation taken, are due upon the sale of the property, regardless of sale price.  

More than 15 years of experience in an international customer service environment.My goal is to constantly improve my skills and knowledge of the real estate industry, particularly in sales, where extensive experience and expertise can be utilised.

It was a small deal, something I can buy with the cash from my business sale, and it was nothing fancy: but it is my first deal. 

I want to pay cash and refi after reno and filling with a tenant and would like to find a lender now that can help me with the refi portion.

Always do a math analysis and try to look at the prospective property before you make an offer or at least have a clause in the sales contract that will allow you some time (about 15 days) to do a detailed inspection and possibly back out of the deal without a penalty that will hurt you too much.Do not try to do everything yourself.  

The complex has a mix of 1, 2, and 3 BR condos, and the 1 BR units are in the sweet spot for us, in that their price is too low for conventional financing, leaving cash sales and owner financing as the primary options for incumbent owners of single units looking to dispose of their apartments.  

So to me, that's only sales talk.

I've bid on anger things at the last two master commissioners sales but haven't been able to walk away with a win.

Hey Kevin, I work in the Denver Tech Center but I am all over for work because I am in sales.

I chose orange county because I am somewhat familiar with the area as I travel there quite often, the taxes are lower than nearby Rockland and Westchester counties, and the percentage of home sales have risen more than the respective counties over the past year.