- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Investors & landlords
Cost of capital improvements are added to the basis but not depreciated because the property is no longer in rental use.
Basis is marked up to FMV on the date of death and total depreciation deductions to that date disappear. Recapture post death would be in play though.
‎October 23, 2024
10:55 AM
41,294 Views