Selling a rental for $100,000 more than you paid could create nearly $191,000 of taxable gain. How? Depreciation changes the math.

In this episode of Small Business Finance, Tiffany Phillips, CPA and tax strategist, explains how rental deductions affect your tax bill when you sell. Follow two simple examples to see why similar sales can produce different results. Learn why 25% is a maximum rate, how cost segregation can change the picture, and when unused rental losses may help.

You’ll also hear what a 1031 exchange can defer, why your mortgage payoff affects cash differently than taxes, and when estimated payments may be needed. Get practical CPA advice and tax planning questions to review before you list.

For more tax strategies, explore Tiffany’s book, Your Biggest Expense, linked in the description.

💰 Start Paying Less in Taxes – Grab a Copy of Your Biggest Expense! ➡️https://tiffanyphillips.samcart.com/products/your-biggest-expense-bundle ☎️ Find Out How Much You’re Overpaying the IRS – Book a Free Discovery Call ➡️https://calendar.phillipsbusinessgroup.com/tax 📧 Questions? Email Me at hello@phillipsbusinessgroup.com ✅ Like and Rate us for more practical tax saving tips... Keep More! 👉Are you holding a rental long term, or are you thinking about selling in the next twelve months? Comment “RECAPTURE” and I’ll get you some more information!