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re: Thinking of selling our rental property

Posted on 4/13/14 at 4:37 pm to
Posted by Tigerntx
NOLA
Member since Jul 2011
1309 posts
Posted on 4/13/14 at 4:37 pm to
quote:

Sales Price - Selling Costs - Basis + Depreciation = Gain on Sale.


Key is "+ Depreciation" - you have to recapture
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