Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 5 years ago on . Most recent reply

User Stats

1,855
Posts
958
Votes
Marian Smith
  • Real Estate Investor
  • Williamson County, TX
958
Votes |
1,855
Posts

Accumulated depreciation question...Taxslayer

Marian Smith
  • Real Estate Investor
  • Williamson County, TX
Posted

I just finished my taxes using Taxslayer, as I have done for a decade. I just noticed a column on a worksheet entitled “ statement of depreciation” for “accum deprec” and I expected the number to be the number of years owned x the unchanging depreciation amount used every year (cost basis of building /27.5). But it is not. So I guess my question is how does one calculate the depreciation for recapture when selling? Just curious because we go over the numbers when trying to decide whether to sell or not and the tax ramifications have always seemed to dissuade us from cashing out. Thanks.

Loading replies...