Updated about 5 years ago on . Most recent reply
Depreciation and appreciation
Hello all, I'm new to the blog and new to real estate. I'm trying to learn as much as I can to set myself up for success. I have a quick question about depreciation. If you depreciate your property for tax purposes does this mean that property no longer appreciates in value? Thus affecting getting a HELOC on the property? I've read somewhere that if you depreciate your property, selling the property can be an issue later on. Any clarity will help. Thank you in advance