Thanks. Very helpful.
Seems that the best place to add the recapture is to Rental Revenue on Schedule E (even though it seems a bit odd). Likewise, may be best to add the recapture as a new asset with the recaptured value as the new starting point for depreciation but with a shorter depreciation to line up with the remaining life. Or should the depreciation start again with the original useful life (in this case 5 years) to make the depreciation calc simple?
