Pros and cons of selling rental property in California.

[iperep]

What are the cost impacts on selling a rental property in California

[Carl]

Pro - if you sell at a loss, you will not have any gain to pay taxes on. (But you will pay taxes on recaptured depreciation, no matter what)
Con - If you sell at a gain, you will pay taxes on the gain and the recaptured depreciation.

[SweetieJean]

California taxes both capital gains and depreciation recapture at regular income tax rates.