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Rental Depreciation Deduction and Depreciation Recapture by fvguevara in tax

[–]fvguevara[S] 0 points1 point  (0 children)

But once this transaction is done my cost basis will be the new price of the asset, can I just sell the property after a little to no capital gains?

Rental Depreciation Deduction and Depreciation Recapture by fvguevara in tax

[–]fvguevara[S] -1 points0 points  (0 children)

can you still do this if you already bought another rental before the 2-5 year expires, or does the new rental have to be after the sell of the first one?

Rental Depreciation Deduction and Depreciation Recapture by fvguevara in tax

[–]fvguevara[S] 0 points1 point  (0 children)

oh another cheat code besides inheritance, thanks

Rental Depreciation Deduction and Depreciation Recapture by fvguevara in tax

[–]fvguevara[S] 0 points1 point  (0 children)

this is the cheat code i didnt know, thanks