ilmscore | Depreciation Recapture Tax Rate Application Predictions
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Depreciation Recapture Tax Rate Application

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When selling a rental property with a gain, the portion of the gain attributable to depreciation recapture will be taxed at 25% up to the amount of depreciation claimed. Any remaining gain will be taxed at the long-term capital gains rate of 15%.
"so up to the extent of $50,000 of gain you will pay taxes at a rates of 25% on the first $50,000 of ..."
ClearValue Tax ClearValue Tax
Aug 13, 2019
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Sale of a Rental Pro...