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Investors & landlords
Thanks for the quick response. Assuming no errors and I am subject to AMT (very likely), it sounds like I would be better off not depreciating the improvements then. If I don't enter the renovation costs to avoid paying more taxes now, how would that impact me when I sell the rental property in 5-10 years (my target timeline to sell it)?
Tim
‎January 16, 2023
8:21 AM