A Few Festivals Coming Up & Tax Benefits of Owning Investment Property and Depreciation

In this segment, we thought it would be fun to tell you about a few Festivals coming up in the area during the month of May, and answer a listener question asking, "I am a past client and LOVE the Gaddis Group! I have a few questions about rental property, specifically what basis is used for depreciation and what are the capital gains once I am ready to sell?"