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known as depreciation recapture. Because real estate taxes can be complex, a financial advisor can help investors plan ...
When it comes to IRS tax considerations or Financial Accounting Standards Board (FASB) considerations for an equipment sale ...
IRS Section 1245 is a tax code provision that governs the depreciation recapture process for certain property types. Specifically, it applies to personal property and some specific types of ...
If you are currently invested in a mobile home or similar asset-class property, you can take advantage of a depreciation recapture via a 1031 exchange. When selling a property, owners must pay a ...