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ISN’T CAPITAL GAINS TAX ONLY 15%?

capital gains isn’t tax
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ISN’T CAPITAL GAINS TAX ONLY 15%?

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No. Gain from appreciation (the increase in your property value) is taxable currently at a maximum of 15%. However, the gain from the depreciation is taxed at 25% depreciation recapture. In addition, most states will charge state tax.

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