adezoysa
New Member

Sold a rental house in 2016 originally purchased in 1979. Does depreciation recapture start from May 6, 1997?

Purchased a rental house in 1979 for 100k and is fully depreciated.  The depreciation was 100k / 27.5 years = 3.636K

so does the recapture of depreciation start from 1979 or 5/6/1997?

if it's from 1997, is it correct to state 9 years of recapture (1997 till 2016) = 32k?

Thanks