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  • Exempt from Depreciation Recovery
    Started November 24, 2010
    I want to thank Tim, Bryan, and Bill for their responses. I have and still am considering a 1031, since I will be paying about $30K to Fed and NY ---- it makes me wince! PS -... See more
    Reply 8 replies
  • Exempt from Depreciation Recovery
    Started November 24, 2010
    I was told by a CPA that my 15 year residential rental property will not be subject to 'recovery' since it was bot 2/08/84. It is fully depreciated. He said entire gain will ... See more
    Reply 8 replies

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