Recapture is a seller's right to reclaim previously sold assets within a specified timeframe. Explore how it functions in ...
Depreciation recapture is the process by which the IRS reclaims tax benefits previously obtained through depreciation when an investor sells a depreciable asset for more than its depreciated value.
Here's everything you need to know about depreciation recapture on your taxes. When you sell a depreciated capital asset, you may be able to earn “realized gain” if the asset’s sale price is higher ...