05 December 2008

Annette Hall, CPA: Q&A 6

What are the tax benefits of owning rental property?

There is a tax deferral opportunity for many rental scenarios. In that the property is appreciating in value, there is a positive cash flow and no income is recognized until the property is sold if depreciation is sufficient to offset the positive cash inflow.

Annette Hall, CPA
515 Keisler Drive
Cary, NC 27518
919-468-0505

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