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re: Selling a Rental Properties 1031 Question

Posted on 5/11/21 at 10:39 pm to
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 5/11/21 at 10:39 pm to
quote:

If it were me, with interest rates where they are, I’d roll the investment property into investment timber land/hunting land
This.

However, correct me if I’m wrong, depreciation recapture would come into affect here since you can’t depreciate land, correct?
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