kwyp
Level 4

Let's assume two cases:

Case 1).  A rental property selling price is 500K, purchase price is 300K, accumulated depreciation is 300K. What is the capital gain amount for selling the property? 

case 2).  A rental property selling price is 500K, purchase price is 300K, accumulated depreciation is 0, What is the capital gain amount for selling the property? 

 

0 Cheers