http://yedda.com/questions/Depreciation_recapture_taxes_9513769317581/?src=rss:qb:qbsDepreciation recaptureen-ushttp://static1.yeddacdn.com/images/Logo132X46_rmt9c1d22d.jpghttp://yedda.com/questions/Depreciation_recapture_taxes_9513769317581/?src=rss:qb:qbsDepreciation recapturehttp://yedda.com/questions/Depreciation_recapture_taxes_9513769317581/?src=rss:qb:qbi<p>If a a depreciated rental dwelling has been demolished, does the depreciation have to be recaptured on the sale of the vacant lot?</p>RichRich72questionSat, 28 Mar 2009 22:24:06 GMThttp://yedda.com/questions/Depreciation_recapture_taxes_9513769317581/?src=rss:qb:qbihttp://yedda.com/questions/Depreciation_recapture_taxes_9513769317581/Yes_property_received_tax_benefits_735268147335705?src=rss:qb:qbi<p>Yes, because it is the same property that you received the tax benefits of the depreciation on your previous tax returns.</p> <p>Jennifer H Stokes, Licensed CPA</p> <p><a href="http://www.TaxDeductionsByOccupation.com">www.TaxDeductionsByOccupation.com</a></p> <p><a href="http://TaxDeductionsByOccupation.blog.com">http://TaxDeductionsByOccupation.blog.com</a></p> <p><a href="http://www.1040.com/StokesTaxService">www.1040.com/StokesTaxService</a></p> <p> </p>Jennifer H StokesJennifer H Stokesanswer3.0Fri, 03 Apr 2009 06:05:42 GMThttp://yedda.com/questions/Depreciation_recapture_taxes_9513769317581/Yes_property_received_tax_benefits_735268147335705?src=rss:qb:qbi