Depreciation recapture in this situation?

[Sylvia B.]

My son and I were having a real estate discussion this afternoon, and came up with a question that we weren't sure how to answer.

If you have a rental house that is fully depreciated, and is then destroyed - natural disaster, fire, bulldozer, whatever - and then the land is sold, is the depreciation recaptured? Does the amount of time between the destruction and the land sale make a difference?