ilmscore | Prediction Details
"but in the event where you're renting out for ten years twenty years or twenty seven and a half years then that's a situation where probably a majority of your gains you know it could be a majority of your gains would be taxed at twenty twenty-five percent"
By ClearValue Tax | August 13, 2019 | Pending
From video
Sale of a Rental Property Tax Consequences & Depreciation Recapture 00:12:35 - 00:12:49
Interpreted Prediction
For properties rented out for extended periods (10-27.5 years), a majority of the capital gains upon sale are likely to be taxed at the 25% depreciation recapture rate.

Prediction Details

Topic
Impact of Rental Duration on Tax Liability

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