If you sell an asset for more than its tax basis, but less than its original cost,
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If you sell an asset for more than its tax basis, but less than its original cost, we refer to this gain as a recapture of depreciation and it is taxed at ordinary income tax rates. Why?
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Related Book For 
Financial Management And Analysis (Frank J. Fabozzi Series)
ISBN: 9780471477617
2nd Edition
Authors: Frank J. Fabozzi, Pamela P. Peterson
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