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Depreciation recapture on rental property
I have heard that even if I don’t depreciate a rental property, I still need to recapture depreciation when I sell the property. I’ve depreciated on my taxes about 3 of the 8 years I’ve rented. Can I just recapture the amount that I depreciated when I sell or do I need to recapture what I should have depreciated?
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February 2, 2024
7:05 AM