Real Estate

Recovery of rental property depreciation

Recovery of rental property depreciation refers to a provision for capital gains taxes due to depreciation commonly faced by real estate investors selling their rental rental properties. In essence, depreciation recovery is the way in which the Internal Revenue Service can “recover” taxes on all or part of the gain on the disposal of the […]

Real Estate

Foundation repair costs

Repairing the foundations of houses is not only inconvenient, it is expensive. When calling any contractor, you must first estimate the total expense they will incur. If you agree with this quote, with all the other factors involved, such as time, materials, and labor, then the work should begin. Estimates are made according to various […]