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Old 04-20-2008, 09:55 AM
Aleta Aleta is offline
$ Saving College Senior
Join Date: Aug 2006
Forum Posts: 1,823

You do have a choice. My son is an accountant and he told us not to depreciate the house because of the capital gains problem upon selling. I really didn't know very much about it and then we spoke to our accountant and he verified that he set it up like that a long time ago. So, for our part it was something that we didn't know about at the time.
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