user17728355720
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Thank you for your reply. How does the recaptured depreciation get taxed in an installment sale? Is it prorated for each year?
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My income is low already since I am retired so there isn't much offset for 2025. I am worried that form 3315 might trigger an audit. I don't want to file it unl...
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What if I never claimed depreciation but want to sell property in 2026? I know I have to recapture the depreciation I never claimed but do I still have to file ...
Activity Feed for user17728355720
- Posted Re: Selling a rental property but never claimed depreciation on Get your taxes done using TurboTax. Saturday
- Posted Re: Selling a rental property but never claimed depreciation on Get your taxes done using TurboTax. Saturday
- Posted Re: Selling a rental property but never claimed depreciation on Get your taxes done using TurboTax. Saturday