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No, the IRS mandates that taxpayers take the depreciation that was claimed OR COULD HAVE been claimed. You can amend past tax returns (up to the limit) and take the depreciation due you, but you cannot opt out of reclaiming the depreciation when you sell the property whether you actually took it or not.
No, the IRS mandates that taxpayers take the depreciation that was claimed OR COULD HAVE been claimed. You can amend past tax returns (up to the limit) and take the depreciation due you, but you cannot opt out of reclaiming the depreciation when you sell the property whether you actually took it or not.
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