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PhREI Network Roundup 12-8-22: 3 Ways to Avoid Depreciation Recapture Tax on Rental Property

As you know, as part of the PhREI network, we decided to start a weekly roundup to share new activity from across the network. Enjoy!

phrei network

Carpe Diem MD

Using his own personal experience, Ian Cook of Carpe Diem MD outlines the three best smart thermostats in his opinion (Ecobee by Amazon, Nest by Google and Honeywell by Honeywell), and gives a summary of each one. Spoiler alert: he uses Ecobee!

Best Smart Thermostats for your Short-Term Rental

The Darwinian Doctor

Daniel Shin of the Darwinian Doctor gives three ways to avoid depreciation recapture tax on rental properties. The three options, you wonder? Here you go!

  1. Sell your property at a loss;
  2. A 1031 Exchange; or
  3. Keep your property until you die.

By the end of this post, you will understand depreciation, the depreciation recapture tax, and more about those three strategies to avoid this tax.

3 Ways to Avoid Depreciation Recapture Tax on Rental Property

The Prudent Plastic Surgeon

As you may or may not know, watching the stock market is one of the worst things you can do for your financial health. It doesn’t matter whether the market is up or down – it is NOT good to watch constantly. I’ll explain why it’s not good to do, why it’s so tempting to do it, and 10 things to do instead!

Top 10 Things to Do Instead of Watching the Stock Market

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    The Prudent Plastic Surgeon

    Jordan Frey MD, a plastic surgeon in Buffalo, NY, is one of the fastest-growing physician finance bloggers in the world. See how he went from financially clueless to increasing his net worth by $1M in 1 year and how you can do the same! Feel free to send Jordan a message at [email protected]

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