Skip to content
Buying & Selling Real Estate

User Stats

41
Posts
14
Votes
Anna Smith
  • Investor
  • Lakeland, TN
14
Votes |
41
Posts

Depreciation recapture/ capital loss and 1031

Anna Smith
  • Investor
  • Lakeland, TN
Posted Feb 14 2017, 07:19
We are selling our money pit of an investment property. We bought for $400,000. We will likely sell for $375,000. We've owned it for 10 years. It has been a rental for 8 years. We need a professional to help us with depreciation recapture and possibly a 1031. Who do I call? Real estate tax attorney, CPA, or...?

Loading replies...