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Many investors chase “paper losses” for the upfront tax benefits. But few understand depreciation recapture, the part that can undo all that savings later. Bonus depreciation, cost segregation, accelerated deductions… they all sound great until the sale, when the IRS comes for its share. You can sell at an economic loss and still owe tax on the gain. Depreciation isn’t just math, it’s strategy. Work with an advisor who knows how to play the long game. #TaxStrategy #DepreciationRecapture #RealEst