I recently had the opportunity to be a guest on G. Brian Davis' excellent podcast, Live Off Rents!
If you're at all interested in real estate investing - whether you're a seasoned pro or just starting to explore the possibilities - I highly recommend checking out this podcast. Brian does a fantastic job of breaking down complex real estate concepts and sharing actionable insights.
In the episode, we had a fascinating discussion about the often-overlooked topic of depreciation recapture (a topic I previously wrote about). It's a crucial concept to understand, especially if you're considering selling an investment property. We dove deep into how it works, the potential tax implications, and strategies to minimize its impact.
Here are a few key takeaways from our conversation:
- What depreciation recapture is and why it matters for real estate investors
- How depreciation recapture is calculated and the potential tax consequences
- Strategies to mitigate the impact of depreciation recapture when selling a property
- Other important tax considerations for real estate investors
Whether you're actively investing in real estate or simply curious about the topic, I encourage you to give my episode a listen. You can find it on Apple Podcasts here:
If you’re looking to build a financial plan using real estate to support a more fulfilling life, Purpose Built is here to help. We specialize in creating personalized strategies that emphasize long-term value and financial well-being. Schedule a meeting with us today and start your journey towards a more secure and content future.
About the Author
Sean Lovison, CPA, CFP®, is a flat fee-only financial planner based in Moorestown, New Jersey, serving clients virtually nationwide. After spending 14 years as a corporate chief financial officer (CFO), receiving and designing compensation plans, he decided to help others navigate their plans.
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