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Investors & landlords
I would recommend using the depreciation that was taken.
The depreciation recapture rules requires you to recapture depreciation allowed or allowable. The two figures are only 408 dollars apart (an amount that is more likely than not immaterial). Furthermore, the smaller amount is the depreciation actually taken and this would be the amount for which the IRS would reconcile your depreciation recapture in an audit.
‎June 6, 2019
7:16 AM