All Forum Posts by: Ej Abood

I have 6 houses and consider myself a novice.  I was thinking of selling 1 house and taking some profits, but I have become aware of the following federal taxes

1. Depreciation Recapture= 25% tax

2. Long term capital gains= 20%

3. Net investment income tax= 3.8%

I was aware of the Long term capital gains tax, but I was surprised to find out about the Depreciation Recapture and the Net investment income tax.  Now, I am questioning if it even makes sensse to develop anymore properties.

Does anyone else have any thoughts on this?

Thanks

EJ