Intuit Accountants Community
:
Lacerte Tax
:
Lacerte Tax Discussions
:
Re: Dormant 1245 property for 5 years, business closed 5 yrs ago capitol gain? Must I recapture at ordinary??
sjrcpa
Level 15
03-08-2021
04:51 PM
Mark as New
Bookmark
Subscribe
Permalink
Print
Report Inappropriate Content
Yes. It was depreciation claimed.
The more I know the more I don’t know.
1
Cheer
