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re: Can I avoid capital gains on the sale of my rental property?

Posted on 8/2/21 at 11:39 pm to
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 8/2/21 at 11:39 pm to
You’re still on the hook for depreciation recapture correct?
Posted by dat yat
Chef Pass
Member since Jun 2011
4334 posts
Posted on 8/4/21 at 9:22 am to
quote:

You’re still on the hook for depreciation recapture correct?


My exchange agent says yes. My neighbor who is the tax partner at a firm says no. I'm still looking into that part.

Either way, the duplex was only $28k when I bought it so the depreciation has been minimal over 8 years.
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