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179 Question re: Land purchase
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tmrand
Posted 12/17/2014 18:38 (#4247259 - in reply to #4246965)
Subject: RE: 179 Question re: Land purchase



Southeast Colorado
Keep mind that if you ever sell the land, any improvements that have been depreciated will be subtracted from your initial cost. So any gain in price from that point will be subject to tax.
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