Timeline for Should I finance rental property or own outright?
Current License: CC BY-SA 3.0
6 events
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| Apr 13, 2017 at 12:25 | history | edited | CommunityBot |
replaced http://money.stackexchange.com/ with https://money.stackexchange.com/
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| Aug 2, 2012 at 2:22 | comment | added | JTP - Apologise to Monica♦ | The depreciation is not optional, whether one can take losses against ordinary income depends on active participation and AGI. If it can't be taken, it accrues until it can be applied against profits, taken against income (if under AGI limit) or taken when the property is sold. | |
| Aug 2, 2012 at 2:15 | comment | added | Dilip Sarwate | Doesn't a deduction for depreciation require active participation in the rental activity? Else there can be passive losses that are not deductible currently but are settled when the property is sold. | |
| Aug 1, 2012 at 22:48 | comment | added | littleadv | It might be even better idea to pay estimate taxes during the year and not to wait till the tax season when you can get get slapped with underpayment penalties. | |
| Aug 1, 2012 at 22:32 | history | edited | JTP - Apologise to Monica♦ | CC BY-SA 3.0 |
deleted 1 characters in body
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| Aug 1, 2012 at 21:16 | history | answered | Steven | CC BY-SA 3.0 |