topic If I never rent out my second home, when I sell it for a profit, should I add back any depreciation recapture? in Investors & landlords

If I never rent out my second home, when I sell it for a profit, should I add back any depreciation recapture?

wendyle1993 — Wed, 11 Feb 2026 03:36:19 GMT

How is the capital tax calculated for never rented-out second home? Thanks!

Re: If I never rent out my second home, when I sell it for a profit, should I add back any depreciation recapture?

DoninGA — Tue, 13 Feb 2024 23:00:03 GMT

You cannot depreciate a residential property that was never used as a rental.

Re: If I never rent out my second home, when I sell it for a profit, should I add back any deprec...

MinhT1 — Tue, 13 Feb 2024 23:01:07 GMT

If you never rented out your second home, then you have never deducted depreciation and there's no depreciation to recapture.

The capital gain (loss) is equal to your sale price minus your cost basis (purchase price plus any improvements made to the home) minus your selling costs.

Follow these instructions to enter the sale of your second home in TurboTax.