When you sell a rental property, depreciation recapture is taxed at higher rate.My question is do you owe the tax on depreciation recapture if you actually had no tax benefit from it during the years you were renting ...

hi all,

i can figure out taking rental expenses and interest deduction on my tax return. can i also take tax depreciation as a deduction? where do i do it? experts pls help.

also, what are all the tax deductions i c...

hi all,

i can figure out taking rental expenses and interest deduction on my tax return. can i also take tax depreciation as a deduction? where do i do it? experts pls help.

also, what are all the tax deductions i...

I bought a house in 2011 and lived in it prior to moving out at the end of 2014.  February of 2015 I began renting the house.  I am trying to determine my cost basis for depreciation.  I know that it will be the lesse...

Hi guys,Posted questions in the Tax category but didn't get any replies so coming back here where I've previously had great communications.  One of my three questions is really not relevant so here are the other 2:- I...

I think this is a basic question about how depreciation works in a 1031 exchange and I think the easiest way to ask is through an example:I buy house A for $200k, over the course of 5 years depreciate $50k of it, and ...

I've read people saying one of their worst mistakes was buying in a depreciating market. ( I'm assuming they paid full market value) Does it make sense to buy in a depreciating market if the price is 40 cents on the ...

Does anyone use accelerated depreciaiton or Chattel Appraisals to increase their cash flow?? I own a company that offers these services and am curious for the feedback whether you do or do not and why either way.

Th...

Hey everyone, I have a friend that put his former primary residence as a SFR rental property on 1 Sept 2015.  Effectively, this gave him four months of rental income on the property for the year.  How long does the ho...

I had a real quick question to see if I'm in the ball park. I want to buy a 4-plex and trying to get my depreciation number down. The scenario I have is if my 4-plex is worth 184,840 with land already subtracted would...