something like that.

profit = 130 - 8(agent cost) - 60 - 10 +7 (折旧) = 59万

taxable gain = 130 - 8 - 60 - 10 = 52,  50万 this is not taxed because it is 2 in 5 primary residence. so you have 2万需要交增值税。

depreciation recapture is 7, this can be reduced by loss carryover.  depreciation recapture is taxed at income tax rate. 

2. carryover loss 

carryover loss is used when the rental house is sold against taxable gain and deprecation recapture. 

also loss in rental can be used against gains in other rental property. 

 

 

所有跟帖： 

• if income doubles when you sell your house -cutestone- ♂ (190 bytes) () 03/09/2023 postreply 15:44:33

• Depreciation recapture tax rate tops at 28% -柠檬椰子汁- ♂ (38 bytes) () 03/09/2023 postreply 16:32:01

• deprecation is kind of tax delay for stable incomer -cutestone- ♂ (42 bytes) () 03/09/2023 postreply 17:31:22