Depreciation recapture increases your gain, or decreases your loss, on a rental property sale. You get dinged whether you deducted deprecation expense or not. Sometimes IRS Form 3115 let’s you break even. For a free consult call (910) 399-2705.
Rental real estate CPAs deal with rental property sales and depreciation recapture on IRS Form . . . → Read More: Rental Real Estate CPA tax accountant discusses depreciation recapture on rental property sales | depreciation allowed or allowable | Form 3115, Application for Change in Accounting Method |