Tax Planning for Rental Property Retirement

This class guides Washington rental property owners through the key tax considerations that arise when retiring from active property ownership and management. We’ll cover capital gains, depreciation recapture, 1031 exchange limitations, selling versus transferring property, estate and inheritance issues, record-keeping requirements, and timelines to expect. Participants will learn how retirement decisions—whether selling, gifting, or keeping properties as passive investments—affect state and federal taxes. Designed for independent housing providers, this session offers clear explanations, practical scenarios, and resources to support confident planning.

Formal legal advice and review is recommended prior to selection and use of this information. RHAWA does not represent your selection or execution of this information as appropriate for your specific circumstance. The material contained and represented herein, although obtained from reliable sources, is not considered legal advice or to be used as a substitution for legal counsel.

All written, presented and recorded content provided by RHAWA for this course are for the use of the participants enrolled in the course. Copyrighted course content may not be further disseminated.