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Monthly Archives: April 2017

Like-Kind Exchanges

In my last article I discussed depreciation recapture and I used a rental real estate investment property in my example. Let us assume that you rented out the family’s old home for years, and now you want to sell it. … Continue reading

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Understand Depreciation Recapture

Forget the fancy words; if you have a business asset or a house you are renting, you have to take a depreciation expense every year, and each time you take that expense, you basically reduce the cost basis of that … Continue reading

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W-2’s for Sale on the Dark Web

According to an article in Digital Trends, by Kevin Parrish, one can evidently buy 2016 Forms W-2. The article short, interesting and can be read here: http://www.digitaltrends.com/computing/2016-w2-tax-forms-purchased-dark-web/ For between $4 and $20 a nefarious party can buy a 2016 W-2. … Continue reading

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