I should know this, but. Client rented out part of her home. She died, and her estate sold the property.
I have the date of death appraisal. I am splitting the sale, but I need to know whether or not the depreciation claimed during the rental still needs to be recaptured. I think not, but still want your thoughts.
I'm (mistakenly?) under the impression that the sale was in the same year as the death. I think for short-lived assets (appliances, furniture, etc.) there's no depreciation if placed in service and sold in the same year. I seem to recall someone telling me that the rule is different for real property because of the mid-month convention but I've never had to look it up. So you might have a few months of depreciation on the rental activity that then gets treated as Unrecaptured 1250 gain but I can't imagine it will be too much.
Edit: A quick look in Pub 946, page 6, second column (2019) says this:
you cannot depreciate the following property.
• Property placed in service and disposed of in the same year