Author: capefearcashoffer

Selling a rental property in North Carolina can be profitable — but the tax bill catches many landlords off guard. Between federal capital gains, depreciation recapture, and NC’s state income tax, the government takes a larger cut than most people expect. The good news: with the right planning, you can reduce what you owe and … Continued

Selling a rental property in Wilmington is not the same process as selling your own home — and the differences catch a lot of landlords off guard. Tenants have legal rights that affect your showing schedule and notice requirements. Capital gains and depreciation recapture taxes apply differently than with a primary residence. And the condition … Continued