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 ...

For tax purposes, depreciation reflects the recognition that certain assets, particularly company equipment, tend to lose value over time. The Internal Revenue Service generally allows you to ...

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.

Depreciating assets is a common way of obtaining tax benefits for companies with fixed assets deployed in operations. Companies may fully expense, or write off, certain special qualified assets in the ...

Section 1250 of the U.S. tax code applies to gains from the sale of depreciated business real estate. If a property was depreciated beyond the straight-line method, the extra depreciation is taxed at ...

We got the following question from one of our readers: “When does depreciation recapture on equipment kick in? For example a 20 year old tractor fully depreciated sells for $30,000 cash. It cost ...

Q: I am selling a house in the District of Columbia that I bought 10 years ago, renovated and have rented out as an investment ever since. I paid $400,000 and can now sell for $800,000. I immediately ...