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Investors & landlords
@adamscott Regardless on whether or not you have rental income, you should take depreciation regardless. Remember that depreciation is part of a passive loss that can reduce your AGI during the year so it does have some benefit in that respect.
in the end, the depreciation that has accumulated needs to be recaptured regardless of false gains. There is no solution otherwise.
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‎April 15, 2021
12:35 PM