Recapture of Depreciation

Concept of Recapture of Depreciation in the context of Real Property

A short definition of Recapture of Depreciation: Taxing as ordinary income, upon the sale of property, the amount of depreciation taken above straight line depreciation.

Concept of Recapture of Depreciation in the context of Real Property

A short definition of Recapture of Depreciation: Taxing as ordinary income, upon the sale of property, the amount of depreciation taken above straight line depreciation.