What is Depreciation Recapture?

What is Depreciation Recapture? Overview by Chris at Hauseit® (https://www.hauseit.com).

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Depreciation recapture refers to the tax that is levied on lifetime depreciation taken on a rental property when it is sold.

This makes sense as real estate investors have been able to depreciate the property over the hold period and write off that depreciation against their taxable income.

So when the property is sold, that depreciation needs to be recaptured.

However, there is an maximum tax rate to this, and a few ways to avoid depreciation recapture.

We explore this mystery and explain further in the following video.
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