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12 CFR Part 370 Recordkeeping for Timely Deposit  Form

12 CFR Part 370 Recordkeeping for Timely Deposit Form

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all right for this video I wanted to cover depreciation recapture on the sale of rental real estate so I've got a few other videos I've done before where we cover unrecaptured 1250 gains 1231 gains or losses and the various types of kind of issues that you have when you sell rental properties for this video I really want to be precise in giving an example of where you have true ordinary income depreciation recapture under 12.50 so what you're going to see is this is really not an issue for most taxpayers now because um we'll get into the details later but most rental properties placed in a service now are just automatically using straight line method you don't have any accelerated issues and so it's only when you had an accelerated depreciation on the rental property where you have this ordinary income recapture so I've got a few things in front of us here the slides I've got a a sample return a 1065 real estate partnershi

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