Depreciation you clamied

is also gone for your heirs. If you sell the property when you are still alive, you have to pay 25% fixed rate tax for recaptured depreciation.

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OK, I understand your logic. Since the cost base is changed, for -borisg- 给 borisg 发送悄悄话 borisg 的博客首页 (308 bytes) () 10/17/2014 postreply 11:52:42

I don't think 90K is relevant any more. -cyco- 给 cyco 发送悄悄话 (161 bytes) () 10/17/2014 postreply 12:03:05

Is it allowedl to transfer the property way below market value t -IEbird- 给 IEbird 发送悄悄话 (0 bytes) () 10/17/2014 postreply 12:56:33

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