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Investors & landlords
So, I really have no choice but to depreciate the asset whether I want to or not? If I don't depreciate the asset, it would seem to me that there is nothing to recapture and thus no taxable income on it. I never saved any money if I didn't depreciate it. Is there a reason they require this? Is there some hidden added revenue they get through the depreciate/recapture process?
‎July 1, 2021
1:45 PM