Recapture Provisions Of Section 1245 A gain from disposition of Sec. 1245 property is treated as ordinary to the extent of depreciation taken Purpose of Sec. 1245 To recapture ordinary deductions as ordinary income Sec.1245 is a characterization provisionRecapture Provisions Of Section 1245 • A gain from disposition of Sec. 1245 property is treated as ordinary to the extent of depreciation taken • Purpose of Sec. 1245 – To recapture ordinary deductions as ordinary income – Sec. 1245 is a characterization provision