Advisory, Tax and Audit Services | Withum
Jan 28, 2021 · 4. Pre-1987 recaptured depreciation on real estate is taxed at ordinary income rates; 1987 or later recaptured depreciation on real estate is taxed, for 2018 tax reporting, at a top capital gains rate of 25% and might be subject to an additional 3.8% tax for net investment income. 5. ................
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