From: frank@docdel.com (luckyghost)
Newsgroups: misc.invest.real-estate
Subject: Tax change after 7 years
Date: 15 Jan 2004 12:18:29 -0800

Hi,

***

First time posting here - looking for information about how my tax
advantages will change on a rental property after 7 years.

***

I was lookiing for a townhouse to by in Frederick Maryland as a rental
yesterday when my agent mentioned that he thought that I should not
hold the property for more than 7 years because my, "ability to claim
tax write-offs will change after that period."

Having owned a rental property in Virginia for over 10 years, my
accountant has never mentioned any tax changes after 7 years.  Can
someone here please help me understand what writeoffs change after the
7 year period or where I can learn more information about how my taxes
will be effected through the life of this investment.

Thanks much,
Frank Warren