Depreciation recapture is the process by which the IRS reclaims tax benefits previously obtained through depreciation when an investor sells a depreciable asset for more than its depreciated value.

What is depreciation? Learn how it works, the main methods and how it impacts your business taxes and accounting.

President Donald Trump, speaking at the World Economic Forum in Davos, Switzlerland, floated the idea of allowing ...

Section 1250 of the U.S. tax code applies to gains from the sale of depreciated business real estate. If a property was depreciated beyond the straight-line method, the extra depreciation is taxed at ...

Donald Trump has suggested extending depreciation—an annual tax deduction that lets owners recover property costs over ...

The cost of owning a home has become a central issue in American politics. As the 2026 elections approach, proposals touching ...

You're currently following this author! Want to unfollow? Unsubscribe via the link in your email. Follow Kathleen Elkins Every time Kathleen publishes a story, you’ll get an alert straight to your ...

The fact a person can't benefit from depreciation on a property but a corporation can is a 'crazy thing', says Trump.

Most tangible assets lose value over time. Equipment wears out, buildings require regular maintenance and upkeep, and computers become obsolete. To reflect the steady loss of value in capital assets, ...