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Real Estate
Reply to "Is renting a place out worth it considering the Depreciation Recapture Tax? "
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[quote=Anonymous]OP here, and yes, 22:40, I feel you. The balance on our present mortgage is blessedly small, in the low five digits. We are nowhere near to being underwater. So we would realize a tidy sum every month, given how rents are (too damn) high. Still, it would take several years to break even with taxes, and that depreciation recapture tax goes up with every year of ownership. BTW, we are talking to an *actual financial professional* about this, but I wanted to know what all the common folk of DCUM thought, too. [/quote]
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