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You can't assume it is a loss until you factor back in the depreciation you took. You will have to recapture it and it is taxed as ordinary income. The capital loss on the figures you showed above is valid apart from depreciation.
You can't assume it is a loss until you factor back in the depreciation you took. You will have to recapture it and it is taxed as ordinary income. The capital loss on the figures you showed above is valid apart from depreciation.
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