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Updated almost 10 years ago on . Most recent reply presented by

User Stats

85
Posts
26
Votes
Kevin Schulte
  • MHP Investor
  • Green Valley, AZ
26
Votes |
85
Posts

Does the capex depreciation follow a new owner?

Kevin Schulte
  • MHP Investor
  • Green Valley, AZ
Posted

Hello!

So my question is , lets say a property had a capital expenditure which they were allowed to depreciate over 15 years. 5 years later the property is sold to me.

Do I inherit the next 10 years of depreciation tax benefits from the cqpital expense of the previous owner?

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