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We're selling a rental property we've owned for 18 years. Can I get expert help from TurboTax on recaptured depreciation taxes and the capital gains taxes. ?
Our taxable income is only about $25,000 without the rental property sale. The depreciation is about $72,000 and the capital gains will be about $240,000.
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‎June 5, 2021
11:17 AM