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Depreciation recapture of destroyed mobile home

I have a rental property that I took depreciation on for about 15 years. It is a mobile home. A large tree fell on it during a storm last year and destroyed it. It is on a piece of land that I do not plan on selling. I will have to pay to have it removed this year and don't plan on replacing it. I will leave the land vacant as it is next to my residence. There was no insurance payout.  My question is, do I need to recapture the depreciation if I'm paying to have it removed instead of selling it? I'm also not sure how to close out my rental. If I remember correctly, it will as if I sold it or converted it to personal use. Neither is correct. Thanks.

 

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Depreciation recapture of destroyed mobile home

You do not need to recapture accumulated depreciation deductions if the property was scrapped and there was no insurance payout (which will not be used to replace the property).

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