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Financial Planning / Tax Strategies


Subject:  Sale of rental property Date:  2/8/1999  10:27 AM
Author:  JLFerrier Number:  9740 of 126909

I elected to depreciate our rental property over a fifteen yr period. Three years remaining on depreciation. I'm eligable for retirement also in three years. Or I could take a one year Sabbatical and return to work. Would it pay me to sell the rental in the year of my Sabbatical (or retirement) when my income level would be zilch? Or perhaps other tax stragegies that might be equally beneficial?
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