Hello, this is Noel Dalmacio, your ultimate CPA at lowermytaxnow.
Do you own a rental property where you have “used up” most or all of your depreciation? You want to sell the old property and buy a new one so you can start benefiting from the depreciation deduction again. You’re thinking: Can I do that? Answer: Absolutely!
Here are 3 tax strategies that you can use:
To recap, take advantage of the strategies above so you can minimize or spread your taxes and start getting the tax benefits from depreciation deduction again.
All these tax laws represent summarized concepts and cannot be implemented without fuller understanding of your exact situation. For further information and assistance, please contact:
Noel Dalmacio, CPA, CFP, MS Tax Telephone no: (949) 336-1345
Website: www.dalmaciocpa.com www.lowermytaxnow.com
Until then, this is Noel Dalmacio, your ultimate CPA at lowermytaxnow.