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Buying & Selling Real Estate

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Debra Muth
  • Palmyra, WI
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Depreciation why sell

Debra Muth
  • Palmyra, WI
Posted Sep 23 2015, 07:30

I know several people who have bought properties and kept them until they were paid off and sold them. Their plan is that they no longer get depreciation on this so it made sense to sell. One bought a new property and did that all over again.

I can see the tax benefit to this but what about the revenue you would get once it was paid off.

What do others think about this?

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