Quote:
Originally Posted by Slava
Yeah, or if you have an advisor who knows what they’re doing you can defer that tax bill as well! That’s a whole other discussion though.
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It's pretty easy to defer most/all of your taxes on rental real estate purchased using CCA. You can claim CCA yearly to get your taxable income down, and you don't have to pay the tax (recapture) until you sell. But presumably you have cash at that time due to mortgage paydown/appreciation.