Learn how rental property depreciation works and how to calculate it. It's an important factor that plays a role in maximizing deductions on your taxes.

A. We hope this property has been a profitable one for you. And now that you’re selling, you know the government wants to get its due. The taxable income realized on the sale of depreciated real ...

Depreciation recapture taxes gains from selling depreciated property as ordinary income, reclaiming prior tax benefits. If you’re a business owner, you’ve probably bought at least some property to use ...

Section 1250 of the U.S. tax code applies to gains from the sale of depreciated business real estate. If a property was ...

The U.S. Internal Revenue Service provides businesses with the option to depreciate their property. The depreciation accounts for the gradual deterioration of property and provides the business with a ...

A company cannot deduct the entire cost of a long-lived asset -- one with a lifetime more than one year long -- all at once. Rather, it must space out the deductions over the useful lifetime of the ...

Assets like equipment, vehicles and furniture lose value as they age. Parts wear out and pieces break, eventually requiring repair or replacement. Depreciation helps companies account for the ...

A. We hope this property has been a profitable one for you. And now that you’re selling, you know the government wants to get its due. The taxable income realized on the sale of depreciated real ...