Rental property receives the same tax treatment on capital gains as most assets, except for depreciation recapture. The IRS typically allows the owner to make depreciation claims/deductions on a ...

Phantom tax is a term that describes a tax liability imposed on income that is reported for tax purposes but has not been ...

On January 10, the US Treasury Department (Treasury) and the US Internal Revenue Service (IRS) released proposed regulations under Section 45W of ...

Top Republicans are passing around a 50-page list of ideas on how to cover the cost of a tax cut and immigration crackdown ...

A few years ago, I got a promotion, and I now make over $100,000. I am very comfortable. I’m also very frugal, so I’ve saved ...

Track the depreciation deduction over time (an Excel ... the government will recapture that lost tax revenue. Knowing how much you saved over time will help offset the sting in the future.

Detailed price information for Getty Realty Corp (GTY-N) from The Globe and Mail including charting and trades.

Getty Images / Anadolu / Contributor Depreciation measures how quickly an asset loses value before it breaks down or becomes obsolete. Accumulated depreciation is the total amount of an asset's ...