3 ms·
Asset depreciation is at best a temporary game - for example I racked up depreciation on a rental property, and during the years I did so, I paid less in taxes.
by djrogers 8y ago
Asset depreciation is at best a temporary game - for example I racked up depreciation on a rental property, and during the years I did so, I paid less in taxes. When I sold the property I had to account for that depreciation and pay taxes on all of it.