Updated almost 11 years ago on . Most recent reply
Depreciable closing costs
Hi folks,
I am sure someone out there knows the answer to this...
What are depreciable closing costs?
I think this means the seller is trying to get the buyer to pay for the depreciation that he has taken on the property.
Was I close?
Don't beat me up too bad, I am a newbie and learning.
I was analyzing a potential deal, and ran across this.