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Investors & landlords
>This is not correct.
>Having recently paid capital gains on an investment property,
>I know this from firsthand that the total depreciation over the years is taxed
>at ordinary income tax rate up to 25% and not at CG rate.
I stand corrected. I have edited my post so as to not confuse future readers. Thank you.
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‎October 9, 2024
7:53 AM