TaxGuyBill
Level 15

The second one is probably correct.

"Depreciation recapture amount" probably does not apply.  For real estate, "recapture" only happens if it used accelerated deprecation (something other than Straight Line).  So unless you have one of the less common situations where the real estate was allowed to use accelerated depreciation (such as Section 179 or something like that), there is $0 of "recapture".