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I sold my house for less than what it cost do I have to declare depreciation. I rented out part of my house while I was living there and declared it but not in 2018.
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June 4, 2019
2:02 PM
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Investors & landlords
Yes, any time you take (or even if you don't take) depreciation on business property, it has to be recaptured.
June 4, 2019
2:02 PM