[quote=SK in CV]Lower of the two.[/quote]

Thanks – that’s what I was afraid of, I thnk these cap gains calcs are roughly correct then.

Original purchase price: $272,000 (not including commissions, etc..)
Sale Price: $333,000
It’s been rented for (5) tax years with an annual depreciation of $10,318

Depreciation recap: 13250
Fed Cap Gain: 6653 (15%)
State (CA) Cap Gain: 14603.25 (15%)
ACA: 0%

I don’t understand why state cap gains so high?