DaveF1006
Expert Alumni

Investors & landlords

 

It depends. I looked in publication 537 and found this. If you sell property for which you claimed or could have claimed a depreciation deduction, you must report any depreciation recapture income in the year of sale, whether or not an installment payment was received that year. This is on page 6 of the publication. 

 

This is listed in black and white and doesn't make a distinction for section 1250 property.

 

 

 

 

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