richard levy
Jul 5, 2009, 05:06 PM
Does it make sense to refinace a rental property that I own outright, mortgage paid, so that I can begin to depreciate the property again
hkstroud
Jul 5, 2009, 05:32 PM
Refinancing will not allow you to depreciate the property again.
Fr_Chuck
Jul 5, 2009, 06:30 PM
It makes no sense at all to refi. After that, you need to talk to your tax preparer or CPA on the rules since while not an expert, you appear to have this confused.