#depreciation-recapture

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Real estate
from24/7 Wall St.
13 hours ago

The 1031 Exchange Exit Ramp That Lets a Retiring Landlord Defer $720,000 of Capital Gains and Consolidate Three Rentals Into One Replacement Property

A properly structured 1031 exchange defers federal capital gains and depreciation recapture taxes from rental property sales until replacement property is disposed of or until stepped-up basis at death.
Retirement
from24/7 Wall St.
1 week ago

The Vacation Home Tax Bomb: How Selling a $1 Million Cabin That Cost $300,000 Triggers a $132,000 Tax Bill Most Owners Never Plan For

Selling a vacation property can lead to significant tax liabilities that owners often overlook until it's too late.
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