Advertiser Disclosure

advertising disclaimer
Skip to main content
ask millionacres

Ask Millionacres: How Do I Recapture Depreciation?

Sep 18, 2021 by Matt Frankel, CFP

Get our 43-Page Guide to Real Estate Investing Today!

Real estate has long been the go-to investment for those looking to build long-term wealth for generations. Let us help you navigate this asset class by signing up for our comprehensive real estate investing guide.

Q: I have a residential rental property that I've claimed depreciation on for seven years. Now, I'm planning to no longer use it as a rental, although I will not sell it for another year or so. My question is, when do I have to recapture depreciation -- when it's no longer used as a rental, or can I wait until I sell it? -- Lynn

Got $1,000? The 10 Top Investments We’d Make Right Now

Our team of analysts agrees. These 10 real estate plays are the best ways to invest in real estate right now. By signing up to be a member of Real Estate Winners, you’ll get access to our 10 best ideas and new investment ideas every month. Find out how you can get started with Real Estate Winners by clicking here.