Investors & landlords


@Zeek77 wrote:

My tax bracket is 22%, and that is what it is using against the 48K in depreciation I took. I thought it was 25%, or is that a maximum limit only, and it can be less if your tax bracket is less?

 


 

It is taxed at your regular tax rate (22% in your case), UP TO 25%.   So it is doing it correctly.