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What is the recapture rate if the property has remaining economic life of 35 years?
Wiki User
∙ 14y ago
The formula to figure the Recapture rate is: 1/USEFUL LIFE of a property. So in this example, it states there are 35 more years of economic life in the subject property, so the problem is figured by 1/35 (1 divided by 35) or .0286 (2.86%). So the Recapture Rate is equal to the rate of depreciation that is allowed for one year.
Wiki User
∙ 14y ago
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