Recapture is a seller's right to reclaim previously sold assets within a specified timeframe. Explore how it functions in ...

Depreciation recapture taxes gains from selling depreciated property as ordinary income, reclaiming prior tax benefits. If you’re a business owner, you’ve probably bought at least some property to use ...

Assets like equipment, vehicles and furniture lose value as they age. Parts wear out and pieces break, eventually requiring repair or replacement. Depreciation helps companies account for the ...

Section 1250 of the U.S. tax code applies to gains from the sale of depreciated business real estate. If a property was ...