- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Investors & landlords
I am in a similar situation. We lived in a condo, then starting 2018 rented it out for 2.5 years , and now sold it (2021). I made around 100k on the sale which will be excluded from tax. To be clears the PALs accumulated over the 2.5 years (15k) can be used against the depreciation recapture (50K)?
March 9, 2022
7:01 PM