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Investors & landlords
@Hal_Al wrote:At first, it seems too good to be true and open to abuse ... When the taxpayer sells he'll have that much more depreciation to recapture .
It's just the opposite. Because you need to restart the 27.5 years using the very-low Adjusted Basis, you will be claiming LESS depreciation each year.
‎January 28, 2021
8:26 AM