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Tax, SDIRAs & Cost Segregation

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Jason Keledjian
  • Investor
  • Fresno, CA
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How to avoid paying taxes on depreciation deductions

Jason Keledjian
  • Investor
  • Fresno, CA
Posted Oct 26 2017, 13:49

I have a rental I am interested in selling.  This rental was originally my primary residence.  I have been renting it for the past 6 years.  I have, of course deducted the depreciation from it during that time.... about up to $50,000.   I do know that if I sell it, I'll owe taxes on the depreciation I've deducted.  Question, is there any way that I can avoid paying taxes on the already deducted depreciation?  Can i do a 1031 exchange to avoid/kick that can down the road?

Jason

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