TOAK The thread of all knowledge VII
Moderator
Joined: Oct 2012
Posts: 107,687
Likes: 20,116
From: Ft. Worth, TX
http://sportsday.dallasnews.com/dall...epernick-49ers
UPDATE:
No Cowboys protested during the national anthem on Sunday. Six teammates of San Francisco 49ers quarterback Colin Kaepernick joined him for a protest during the national anthem on Sunday. Safety Eric Reid and linebacker Eli Harold kneeled beside Kaepernick. Defensive backs Antoine Bethea, Keith Reaser, Jaquiski Tartt and Rashhard Robinson all raised their fists.
UPDATE:
No Cowboys protested during the national anthem on Sunday. Six teammates of San Francisco 49ers quarterback Colin Kaepernick joined him for a protest during the national anthem on Sunday. Safety Eric Reid and linebacker Eli Harold kneeled beside Kaepernick. Defensive backs Antoine Bethea, Keith Reaser, Jaquiski Tartt and Rashhard Robinson all raised their fists.
Seasoned HDF Member
Joined: Jul 2012
Posts: 81,309
Likes: 36,894
From: Oklahoma City
Al, I am certainly no expert as regard taxes. If ya 'depreciate a property to zero' and subsequently sell that property you have to recapture the depreciation. The cost basis is another item entirely.
As to the 'profit' of 15k in second scenario, you never got the money so no profit was realized, unless that was reported on a return.
With all due respect there are time limits on recovery of these items and if they are within those limits I would suggest getting advice from better attorneys, CPA's, etc.
As to the 'profit' of 15k in second scenario, you never got the money so no profit was realized, unless that was reported on a return.
With all due respect there are time limits on recovery of these items and if they are within those limits I would suggest getting advice from better attorneys, CPA's, etc.
Club Member
Joined: Jul 2008
Posts: 112,202
Likes: 1,316
From: On a hill among the hills, PA
http://sportsday.dallasnews.com/dall...epernick-49ers
UPDATE:
No Cowboys protested during the national anthem on Sunday. Six teammates of San Francisco 49ers quarterback Colin Kaepernick joined him for a protest during the national anthem on Sunday. Safety Eric Reid and linebacker Eli Harold kneeled beside Kaepernick. Defensive backs Antoine Bethea, Keith Reaser, Jaquiski Tartt and Rashhard Robinson all raised their fists.
UPDATE:
No Cowboys protested during the national anthem on Sunday. Six teammates of San Francisco 49ers quarterback Colin Kaepernick joined him for a protest during the national anthem on Sunday. Safety Eric Reid and linebacker Eli Harold kneeled beside Kaepernick. Defensive backs Antoine Bethea, Keith Reaser, Jaquiski Tartt and Rashhard Robinson all raised their fists.
Seasoned HDF Member
Joined: Mar 2007
Posts: 66,948
Likes: 4,573
From: TOAK western branch
That tax stuff makes my head hurt! Got a meeting with one of those tax people on Thursday. $97 for a half hour!
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