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Posted on 1/9/20 at 1:35 pm to ulsaint
Depreciation is a double edge sword.
When you sell it comes back at you in a tax form.
But if you keep the property till you die and pass it down to your kids they zero out the depreciation at your death and kids start it all over from a tax point of view
I am planning on keeping my rentals till I die and they are now part of my dependable retirement cash flow stream
Good luck
When you sell it comes back at you in a tax form.
But if you keep the property till you die and pass it down to your kids they zero out the depreciation at your death and kids start it all over from a tax point of view
I am planning on keeping my rentals till I die and they are now part of my dependable retirement cash flow stream
Good luck
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