How to avoid the “double tax” whammy!

Have you been claiming zero depreciation for your home office so you can avoid the depreciation recapture tax?

That may be a big mistake.

You see, the IRS has a rule that can force you to pay the recapture without giving you the actual depreciation deduction.

Not good. Because if this happens to you, you’re going to pay a double tax.

Want to avoid that nasty problem? You need to read my new article titled Tax Tips: How You Can Claim Zero Depreciation and Avoid the Double Tax?

Three ways our fact-filled article can help you:

1. We’ll explain the difference between “allowed” and “allowable” depreciation. We’re not splitting hairs. The distinction is a crucially important one as you’ll learn when you read the full article.
2. You’ll learn the exception to the law that can save your bacon. The wording that saves you from depreciation recapture is found in the last sentence of Section 1250(b)(3). You may not be aware of all its helpful provisions but we are and we’ll show you how to put them to use when you read the full article.
3. We’ll tell you why it makes sense to claim home-office depreciation. Sure. We know that claiming depreciation triggers the recapture tax. But the recapture tax is usually less than the tax benefit you got from the deduction and it’s even possible to avoid it alltogether! All will be explained when you read the full article.