Activity Feed
- Posts
- Replies
-
So... the UNrecaptured depreciation is the amount of the gain on the sale that is taxed at a higher rate because SL depreciation was used?Not "Recapture" becaus...
-
For depreciable real estate, this recapture is called section 1250 recapture. Unlike other asset types, only the portion of depreciation in excess of straight-l...
-
ThanksI think I got lost in software instructions!
-
Yes, I did report a sale on Part III of form 4797 on the partnership return. I entered -0- on line 26g because there should be no recapture of depreciation, but...
