Investors & landlords

Thanks!

 

I see that the depreciation shows up in the 1040 line 7 (Capital gain or (loss). Attach Schedule D if required).

 

So I guess it is taxed as my current tax rate and not the 25% that I have read about.

 

I did not see the Form 4797 (Sales of Business Property) which makes sense since I am selling my primary residence.