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URL:  http://boards.fool.com/hardy-writes-in-part-i-need-to-run-several-11943316.aspx

Subject:  Re: Rental Property Date:  2/7/2000  3:45 PM
Author:  Bob78164 Number:  27679 of 121585

hardy writes (in part):

I need to run several scenarios (sell my house in 6 months, 5 years, never, etc.) to figure out whether I should deduct depreciation from a "Mother-In-Law" basement apartment that I rent out.

I reply:

No, you don't. Deduct the depreciation. You will be required to recapture all depreciation "allowed or allowable" when you finally sell, whether you actually claimed it or not, so you might as well get the benefit of the deduction. --Bob
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