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Get your taxes done using TurboTax
@Hal_Al wrote:If you actually claimed depreciation, on your tax returns, in the past, then you MUST claim recapture when you sell it.
That was mentioned in the original post: "I rented out a spare bedroom & depreciated it each year."
After actually claiming deductions for depreciation on a previous return (or returns), it would be hard to fathom that the IRS would knowingly forego recapture when the property is sold.
‎August 11, 2019
5:18 PM