Investopedia / Jessica Olah Depreciation recapture comes from a straightforward principle: if you claimed tax deductions for an asset based on depreciation, but later sold it for more than its ...

For example, when a business sells an asset and must recapture (add back) some of the depreciation, this is known as a depreciation recapture. Depreciation recapture is the gain received from the ...

In our latest Ask the Editor round-up, Joy Taylor, The Kiplinger Tax Letter Editor, answers three questions from readers on ...

When this is done, it is revealed that only the machinery and acquired goodwill are sold at a gain; thus only these assets can possibly be subject to depreciation recapture. For the machinery ...

This year's uncertainty in Washington is resulting in an unclear tax landscape, especially with deductions from real estate holdings and capital expenditures.

Depreciation recapture. Section 1245 provides that if a taxpayer sells tangible personal property that has been depreciated, the taxpayer must recognize ordinary income to the extent that the gain ...

known as depreciation recapture. Because real estate taxes can be complex, a financial advisor can help investors plan ...

IRS Section 1245 is a tax code provision that governs the depreciation recapture process for certain property types. Specifically, it applies to personal property and some specific types of ...

If you think you may sell a depreciating asset before the end of its useful life, the DDB depreciation method may cause you to recapture more depreciation and incur greater tax liability ...

This is a particularly good option if the owner is exchanging up in value. IN CERTAIN SITUATIONS COST SEGREGATION may give rise to depreciation recapture as ordinary income in otherwise nontaxable ...