2 ms·
You can get a tax deduction for depreciation but it’s clawed-backed when you sell at market rate. If you take $100,000 depreciation and sell, the $100,000 is k
by refurb 4y ago
You can get a tax deduction for depreciation but it’s clawed-backed when you sell at market rate.
If you take $100,000 depreciation and sell, the $100,000 is knocked off the basis when calculating capita gains.