Depreciation of rental prior to sale

[Raibot01]

Hello.  I have one rental property that had $7k in losses, $9k depreciation and added $25k in renovations in 2019.  I will be selling the property in 2020.  Should I depreciate the property this year and do/how do those losses from this year carryover into the capital gains next year?   

[DaveF1006]

Yes, continue the depreciation deduction this year.  Turbo Tax will keep a running total of all depreciation that has been taken over the years on that rental property. It will calculate the depreciation recapture for capital gains the year you sell the property.