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1250 depreciation in excess of straight line is ordinary income.
If your 1250 assets were straight line depreciated, there should not be recapture. Please advise.
I didn't hear back, so I assume you no longer need assistance. I'll Opt out.
Not sure why the other expert opted out but they were correct.
The recapture of the depreciation is going to be at the same rate of tax as your ordinary income. It does not receive capital gain treatment for tax.
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