Home Daycare Depreciation Recapture

[KCurt]

Daycare business closed down last year. We depreciated the home and along with several improvements. We added granite countertops to replace existing countertops that were worn out and we added a fence for the kids to play in. Both items were depreciated. Do I need to recapture the depreciation on the countertops and the fence when I sell my home.

[Mike9241]

you deprecated (took a tax deduction)  themn for business. so they are subject to depreciation recapture. the issue you'll face when you sell your home is allocating a portion of the selling price to these items.