It is heard very often about a concept called "deprecation recapture".
On K-1 form, there also has a line called "unrecaptured section 1250 gain".
What is the difference between the two?
Is there any tax treatment difference between the two as well?
1250 - real property
1245 - personal property.
Hi sjrcpa,
Maxinum tax rate for UNrecapture depreciation is 25%.
What is the maxinum tax rate for recapture depreciation?
Is it taxpayer's ordinary income effective tax rate or marginal tax rate?
Google is your friend, if you can't find the answer in the textbook:
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