Thank you for the quick reply. It is very helpful.
I handled all the rental income, claimed the expenses, etc., so it makes sense that I would take care of the depreciation recapture.
I am not sure what you mean by "named as a remainder"? I refinanced the house about 3 years and had her added to the title at that time. At closing they split the proceeds evenly between us and provided each of us with paperwork showing an even split of the costs, etc.
Thanks again!
