Depreciation Recapture


Definition of "Depreciation recapture"

Dennis Guldseth
  Berkshire Hathaway HomeServices Lovejoy Realty

Part of a capital gain constituting tax benefits previously taken and taxed as ordinary income.


Search Real Estate Glossary

 

Related Real Estate Glossary terms

Incompetent

Incapable of performing duties because of a lack of knowledge and training. The individual may not p ...

Fault Tree Analysis

Diagram of cause and effect relationships, showing the possible outcomes if a particular course of a ...

Wetlands

Land located next to water that has and will continue to experience water damage. The land generally ...

Obsolescence

Decrease in value of property as the result of technological advancement and/or changing social more ...

Prospective Valuation

Calculations involving the mortality rate of a company's insureds and the rate of return on the comp ...

Intermediary

Reinsurance broker for a primary company (the re-insured). This broker is paid commissions by the re ...

Related Real Estate FAQ

What Is Commission?

The fee an agent earns for the sale of a home-usually a percentage of the selling price. ...

What Does An Appraisal Mean?

An appraisal is an estimate of the value of a certain property by a qualified, independent individua ...

What Is An Appraised Value?

An opinion of a properties fair market value, based on an appraisers inspection and analysis of the ...

Who Is A Subagent?

A subagent is an agent who works with you to purchase a house but is paid by the seller. ...

What Is A Lifetime Rate Cap?

A lifetime rate cap is an adjustable-rate mortgage (ARM), this cap limits the amount the interest ra ...

What Is A Front-end Ratio?

A front-end ratio is a ratio of the borrowers monthly housing expenses-including principal, interest ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews
Read Reviews

Agents join here
Add our widget on your Website

Real Estate Advice

Foreclosure - The Pros and Cons of Buying Is it better to buy or sell a home first How Does The Home Loan Underwriting Process Work? What Costs Do Buyers and Sellers Pay On Big Day When Escrow Closes? What is Escrow and how does it Work?

FAQ

What is an agent? What is a buydown? What is a conventional mortgage? What is an assessed value? What do I need to know about Pet Insurance?