Investors & landlords

Marilyn,  Thanks for the info.  I asked about the period from May 1997 to 2000 because there is an exclusion recapture shown on the second sheet, Part IV Exclusion, line 30 on "Home Sale Worksheet".  I recall there was something about the period after May 1997 being taxed at a different rate or something.  So that is why I entered the portion of depreciation from that period here.  If I look at the 1250 sheet, it shows any depreciation reported under this exclusion is offset by any long term loss carryover or short term loss.  Is that correct?