You'll need to sign in or create an account to connect with an expert.
You cannot stop and restart depreciation deductions unless you actually take the rental property out of service.
If the property is still being used as a rental, the depreciation deduction for this year will be subject to recapture when the property is ultimately sold regardless of whether or not you took the deduction.
You cannot stop and restart depreciation deductions unless you actually take the rental property out of service.
If the property is still being used as a rental, the depreciation deduction for this year will be subject to recapture when the property is ultimately sold regardless of whether or not you took the deduction.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
taxhelp19
New Member
trrsj
New Member
obeteta
New Member
samT5
New Member
jasonmark1993
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.