Assertion: depreciation recapture | /r/HasProperty | assessed
Facets:
Source sentences:
text: Depreciation recapture is assessed when the sale price of an asset exceeds the tax basis or adjusted cost basis.
text: Depreciation recapture is assessed when the sale price of an asset exceeds the tax basis or adjusted cost basis.
text: Depreciation recapture is assessed when the property’s sales price exceeds its adjusted cost basis.