How is depreciation taken for business use of home taxed when home is sold?

JRC_FLA · ‎June 4, 2019

MinhT · ‎June 4, 2019

If you deducted depreciation for your home office, that depreciation has to be recaptured when you sell the home.

Recaptured depreciation is taxed at your ordinary income tax rate (but not to exceed 25%).

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MinhT · ‎June 4, 2019

If you deducted depreciation for your home office, that depreciation has to be recaptured when you sell the home.

Recaptured depreciation is taxed at your ordinary income tax rate (but not to exceed 25%).

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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