TaxGuyBill
Level 15
10-04-2023
11:22 PM
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@BobKamman wrote:
All depreciation has to be recaptured in the year of sale.
Real estate rarely has "recapture" (for real estate, that is based on depreciation in excess of straight-line depreciation).
The Unrecaptured Section 1250 Gain from the real estate is NOT immediately taxable during an Installment Sale.