Recapture Of Depreciation
Taxing as ordinary income, upon the sale of property, the amount of depreciation taken above straight line depreciation.
More Real Estate Definitons
PercolationDead RentKickbackJerry-BuiltJointureKeene'S CementRibbonSashKioskYard LumberSoil ProfileBase TitleSquare YardZoningTopsoilObligation BondEvictionX-BracingHouse SewerFiscal policyDivision WallCredit BureauVerticalMarbleTrapPresent ValueSubstantive LawEt ux / Et uxorQuashYardWeatherstripsVerifyLessorAttestZero Lot LineLiving TrustTrade-InUnderpinningKickerShort saleWall PanelMining Lease