@Carl Thanks for the rundown. I didn't really understand depreciation recapture. Your post has made me create some mock scenarios in Excel in which I sell the property 10 years down the line.
The depreciation recapture tax rate is going to be very high regardless of what I do now, but accelerating depreciation of cabinets is not helping my wallet.
B/c I am semi-retired and have only interest, dividends, and small rental profits (mandatory depreciation) I am in a very low bracket. Increasing my expenses by depreciating cabinets now, and thereby decreasing my rental income is not really beneficial for me.
Thanks!!!
