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Do you have to recapture home office depreciation that has been carried over and not utilized at the time of sale?
I have a business operating at a loss for which I have been taking the home office deduction,and the depreciation has been carried over. I sold the property in 2018. Do I have to recapture depreciation that was carried over and has not been utilized?
Does it move to my next home office? How?
Thank you!
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‎June 1, 2019
5:54 PM