Do you claim the home-office deduction?
As you likely know, the depreciation you claim with your home-office deduction is subject to a recapture tax when you sell your home.
How would you like to not pay the recapture tax? You can do just that with one easy step that you learn in this article.
But this gets even better. When you use this one easy step to sell your home, you not only avoid the recapture tax but you also increase your tax basis in your replacement home. This gives you a double dip in tax benefits. ... Log in to view full article.