Depreciation recapture is an important tax aspect to think about during a 1031 Trade. It refers back to the tax levied within the depreciation deductions claimed on the residence, taxed as ordinary earnings upon sale. By way of a 1031 Trade, depreciation recapture-in conjunction with capital gains taxes-is usually deferred. https://charliewfimp.blogunok.com/35916731/details-fiction-and-1031-loan