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Recapture Of Depreciation

The definition for Recapture Of Depreciation:

Taxing as ordinary income, upon the sale of property, the amount of depreciation taken above straight line depreciation.




Similar Matches

Accrued Depreciation

Accrued Depreciation
(1) The amount reserved each year in the accounting system for replacement of a building or other asset. (2) The useful life of a property at any given time.


Book Depreciation

Book Depreciation
Depreciation reserved (on the books) by an owner for future replacement or retirement of an asset.


Declining Balance Method Of Depreciation

Declining Balance Method Of Depreciation
Depreciation by a fixed annual percentage of the balance after deducting each yearly depreciation amount.


Further Suggestions

Depreciation
Double Declining Balance Method Of Depreciation


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