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Get your taxes done using TurboTax
I was not clear. TT says to not assign an asset price if you link the asset worksheet to the Home Sale worksheet. As long as you use the link function, the depreciation recapture seems to work correctly for Sec 1250 assets and gets to Sched D.
You are correct - if I remove the link, I will likely need to add a sales price for those Sec 1250 Home Office assets and then manually enter the recapture amounts for the Sec 1250 and 1245 to the Home Sale worksheets.
From what I am seeing, book value (versus original basis) plus $0 works to get the Sec 1245 recapture to Form 4797 and then on to Sched 1 Line 4. Have not tried it yet for the Home Office Sec 1250 assets. I suppose could use Book +$1 --- a $1 capital gain for each asset is no big deal.
If I use original basis plus $1, I end up with a capital gain of original +1 minus book (that I want to defer to the future).