Originally Posted by Sunset
Except death (unless I'm mistaken, in which case I may decide not to do this
This is what I was wondering. If I keep my rentals until I die, will my heirs get a stepped up basis and will that wipe out the depreciation? Or will they get a stepped up basis but still have to recapture the depreciation? I assume (hope) that they'd be fully depreciated by then. Since I'm planning to keep them for a long time, that may be the situation we have.