@DavesRentals wrote:
....if I have been depreciating the cost of a new carpet over 5 years and it is not fully depreciated, then whatever I've depreciated to date is subject to recapture and I essentially end up not getting any write off for the expense?
That is correct. The downside is that you do not get any further deductions while the upside is only the accumulated depreciation deductions are subject to recapture.
