Ask Millionacres: How Do I Recapture Depreciation?

·3-min read

Q: I have a residential rental property that I've claimed depreciation on for seven years. My question is, when do I have to recapture depreciation -- when it's no longer used as a rental, or can I wait until I sell it? One of the main tax benefits available to rental property investors is depreciation.

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting