Ep 80 - How to Make the Tax Code Work FOR You with Brandon Hall, CPA
Rent To Retirement: Building Financial Independence Through Turnkey Real Estate Investing
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Is Depreciation a Requirement?
Depreciation is really the key here, because that's going to wipe out. with that hundred thousand dollar property, and take it out 27 and a half years, roughly three thousand dollars a year. And so you'll be assessed recapture tax a on depreciation tha you never actually benefited from. But under audit, the ir s would correct that for you, and they would make you pay recapture taxes on that depreciation.
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