gotnukes8
Level 2
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Hired a CPA this morning. Thanks!
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For the 5 years we rented the house out, we never claimeddepreciation on our taxes. So I assume that we will be subject todepreciation recapture when we file ou...
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Thank you for the confirmation! I just wanted to check before I made any decisions on what to do with it.
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First thanks for the response! I have read those and we are considering hiring an accountant; however, where I am confused is regarding "pass through" taxation....
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Thanks Tom! I appreciate the help.
Activity Feed for gotnukes8
- Posted Re: Capital Gains Tax on Rental Property Sale on Investors & landlords. November 14, 2019 12:34 PM
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- Posted Re: Capital Gains Tax on Rental Property Sale on Investors & landlords. November 13, 2019 7:39 PM
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- Posted Capital Gains Tax on Rental Property Sale on Investors & landlords. November 13, 2019 12:40 PM
- Posted Re: Income Tax (or any Tax) on Inherited Roth IRA? on Retirement tax questions. November 13, 2019 12:26 PM
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- Posted Income Tax (or any Tax) on Inherited Roth IRA? on Retirement tax questions. November 13, 2019 12:10 PM
- Posted First thanks for the response! I have read those and we a... on Business & farm. May 31, 2019 4:59 PM
- Posted Thanks Tom! I appreciate the help. on Business & farm. May 31, 2019 4:59 PM
- Posted Started multi-member LLC this year and have tax questions on Business & farm. May 31, 2019 4:59 PM