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Hardik Patel
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Depreciation recapture calculation if capital gains exempt

Hardik Patel
Posted

Hello, I have a rental property that I am considering selling. I lived in the property for 2 of the past 5 years and I have rented it our for the past 1.5 years thus will be exempt from capital Gaines tax. With this scenario how is depreciation capture recalculated?

Thanks

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