Accrued Depreciation Accumulated Depreciation

The total of depreciation that has been claimed on a property. Owners of investment real estate must claim depreciation deductions on their annual tax returns for the investment property. When the property is sold, the accrued depreciation deductions must be reclaimed and taxes must be paid on the accrued depreciation . For more information, see the depreciation entry or the "Investment Property Tax Advantages: Depreciation Deductions" article in the "Real Estate Investing" section.

Real Estate 101

Real Estate 101

This book makes it easy to not only buy a home, but figure out everything that you need to do, even get a loan. In simple and easy to understand language, it talks about where you should buy a home, what to look for in a home, how to find a home, how to get an agent, how to get a mortgage and more. This is a step by step process that you, a new home buyer, can use to purchase a home.

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