The Motley Fool Discussion Boards

Previous Page

Financial Planning / Tax Strategies


Subject:  Sale of rental property Date:  2/8/1999  10:25 AM
Author:  JLFerrier Number:  9739 of 128124

We elected to depreciate our rental property over a fifteen yr period. My wife is a homemaker. 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?
Copyright 1996-2018 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us