You'll need to sign in or create an account to connect with an expert.
You have no choice. It is not optional. Whether you take the depreciation or not, you will have to recapture (pay tax on) it when you sell.
You have no choice. It is not optional. Whether you take the depreciation or not, you will have to recapture (pay tax on) it when you sell.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
trrsj
New Member
obeteta
New Member
samT5
New Member
jasonmark1993
New Member
m-j-lapsley
New Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.