Buying & Selling Real Estate Discussion

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Duke Giordano
  • Investor
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Syndication and taxes

Duke Giordano
  • Investor
Posted Oct 10 2019, 19:57

Hey Guys,

Quick few questions

1 If I invest in a real estate syndication as a limited partner and I was given bonus depreciation year one where I had a $70,000 loss on 100k investment at the time of sale how are the gains calculated taking into consideration depreciation recapture (say 8% Pref yearly).

2. if there is evidence of any capital gains can I use a new syndication investment (not a 1031) in another real estate syndication that also gives me a bonus depreciation/losses that same year to offset those Capitol gains?

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