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if client sells home with home office does he have to recapture depreciation if no home office the 2 years before sell?

Level 1

client has had home office for over 30 years.  he is planning to sell his home in 2 years. if he shuts down his home office 2 years before he sells his home does he still have to recapture depreciation of previous home office?

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Level 14

Yes, it will be taxable.  The gain due to depreciation taken after May 6th, 1997 can NOT be covered by the $250,000/$500,000 exclusion.