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jddawsoniii
Returning Member

I am converting a home office back to a bedroom. The business was shut down in December 2016. How do I reclaim the depreciation previously taken? Do I have to?

 
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AmyT
New Member

I am converting a home office back to a bedroom. The business was shut down in December 2016. How do I reclaim the depreciation previously taken? Do I have to?

You do not recapture the depreciation claimed until you sell your house, so you do not have to do anything to report it for 2016.

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AmyT
New Member

I am converting a home office back to a bedroom. The business was shut down in December 2016. How do I reclaim the depreciation previously taken? Do I have to?

You do not recapture the depreciation claimed until you sell your house, so you do not have to do anything to report it for 2016.

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