srivhar
Level 1
2 weeks ago
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I understand standard depreciation can be deferred with a 1031 Exchange but what happens to bonus depreciation taaken on relinquished property?
Is bonus depreciation also deferred with 1031 exchange or it must be recaptured?
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TaxGuyBill
Level 15
2 weeks ago
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As far as I know, it can be deferred with the rest of the gain.