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I bought a rental property last year and plan to sell it this year. How do I avoid depreciation, since it would be subject to recapture?
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posted
June 4, 2019
4:23 PM
last updated
June 04, 2019
4:23 PM
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I bought a rental property last year and plan to sell it this year. How do I avoid depreciation, since it would be subject to recapture?
If you rent your property, you should deduct depreciation for the period rented. If you do not deduct depreciation, you will still have to recapture depreciation allowable when you sell.
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June 4, 2019
4:23 PM
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