How To Avoid Depreciation Recapture After a Cost Segregation

In this Tax Tuesday replay, Barley Bowler, CPA, and Eliot Thomas, Esq. answer real-world questions on selling rental property, reducing capital gains taxes, 1031 exchanges, depreciation recapture, and real estate tax strategies.

Can carrying the mortgage on a rental property sale help spread capital gains over multiple years, and what happens to depreciation recapture when using an installment sale? What strategies can help reduce the tax burden when selling an investment property without a 1031 exchange? And if you are completing a 1031 exchange, how should you approach financing when the replacement property needs significant upgrades after closing?

The team also discusses whether a foreign property can qualify for a 1031 exchange, how to report capital gains, depreciation recapture, and suspended passive losses from an international real estate sale, and whether investing sale proceeds into an annuity or indexed universal life (IUL) policy can defer taxes. Plus, learn how cost segregation affects depreciation recapture when you sell a property and how dividend income received through a single-member Wyoming holding company should be reported for tax purposes.

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