DaveF1006,
I agree with you about the depreciation recapture. However, this can be done by adjusting the cost basis and record it as a business sale or it can be done with Rental Properties and Royalties. Depreciation Recapture is taxed at a different rate but it is not applicable if there is a loss on the sale (my case). So the TT confusion still exists, especially with TT telling you to remove the property if it was not rented or listed for rent. It would be good if the multiple TT tax experts could discuss this and have a consistent message (just my opinion). Thanks for the reponses. I appreciate it.
