i know about depreciation. when you sell the house, it is the time for you to pay pack the gains you got from the depreciation.
thank you for your answer, but I do not agree with your comments about sneaky Chinese way. since you can read chinese, i would think you are either a chinese or someone who really know chinese. the way i am thinking is a straight way of thinking. nothing to do with sneaky or chinese. Imaging two persons trade their house for living, does it mean that they both need to pay tax?
thank you for your answer, but I do not agree with your comments about sneaky Chinese way. since you can read chinese, i would think you are either a chinese or someone who really know chinese. the way i am thinking is a straight way of thinking. nothing to do with sneaky or chinese. Imaging two persons trade their house for living, does it mean that they both need to pay tax?