- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Investors & landlords
In reference to tj-21's comment, it seems selling section 1250 property on an installment sale which used straight line depreciation does not recapture depreciation. I found the following in Pub. 537. Not sure if it applies.
Regarding sec.1250 property, "There’s no depreciation recapture income because the building was depreciated using the straight line method."
April 1, 2021
7:23 AM