In 2020 I sold a rental property that had been available for and was rented almost entirely by a tenant with a Section 8 voucher. I understand there is an offset of 1% per month (over 100 months) of the depreciation recapture. But does that just mean that offset amount gets taxed at the capital gain rate, or is it not taxed at all? And how can I input that offset in Turbo Tax Home & Business? Can someone provide an example to clarify posting?
