TaxGuyBill
Level 15
12-06-2019
05:49 PM
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If the number of years of the depreciation Recovery Period has ended, in most cases that means the property's depreciable Basis is $0.
Even if the number of years for depreciation were to start anew (I am almost positive it does not for a Partnership), the depreciation would be based on the Basis, which is likely $0.