25% TAX to Sell a Rental Property?! | How Depreciation Recapture Works for Investment Real Estate [Video]

JOIN THE TAX-FREE WEALTH CHALLENGE NOW! OCTOBER 14-18, 2024!
https://join.taxalchemy.com/join-thechallenge?utm_source=youtube

TAKING THE NEXT STEP:

Join The Tax Strategy Accelerator Community ▶ https://www.taxstrategyaccelerator.com/?utm_source=youtube

Download the Short-Term Rental Rule E-Book! ▶ https://ebook.taxalchemy.com/?utm_source=youtube

Book a Professional Tax Strategy Consultation ▶https://taxalchemyadvisors.com/tax-alchemy-2486

Watch this FREE Webinar on How to Cut Your Tax Bill in Half as a Real Estate Investor ▶ https://join.taxalchemy.com/registration?utm_source=youtube

Get Help Setting up Your LLC, Now ▶ https://shareasale.com/r.cfm?b=617326&u=2911896&m=53954&urllink=&afftrack=

Depreciation recapture is a tax concept that many people find confusing. Because a lot of people don’t fully understand it, it also makes some people hesitate to invest in real estate. Depreciation recapture can be a tricky concept, but once it is fully understood, it is not as intimidating.

In this video, tax expert Karton Dennis breaks down the tax concept of “depreciation recapture.” He explains what it is, how it works, and how it can impact real estate investors. He also explains how it relates to capital gains taxes, which are also something that many real estate investors also have to contend with on a regular basis.

If you are someone who is trying to learn about depreciation recapture then this is a good educational video to watch. Hopefully, after watching it, you will have the knowledge that you need to make more informed real estate investing decisions. Feel free to ask questions in the comments. Karlton may answer them in another video.

CHAPTERS:
0:00 Intro
0:37 What is Depreciation Recapture?
2:57 Example 1: One-Bedroom House Valued at $200,000
4:01 Example 2: Two-Bedroom Condo Valued at $300,000
5:04 How Are Depreciation Recapture Taxes Calculated?
6:31 Putting Depreciation Recapture into Perspective
8:48 How to Avoid Depreciation Recapture Taxes Entirely
10:45 The Bottom Line
11:55 Question from a Subscriber!
12:48 Outro

*Disclaimer: I am not a financial advisor nor am I an attorney. This information is for entertainment purposes only. It is highly recommended that you speak with a tax professional or tax attorney before performing any of the strategies mentioned in this video. Thank you.

#realestateinvesting #taxstrategy #depreciationrecapture