Capital gain and recoupment consideration?

When you sell a property at a profit. Should there be a recoupment in your tax return as well as a capital gain? I. E. You reverse any deductions that you have received over the life of the asset via the recoupment, and then the proceeds are reduced by the recoupment and the deductions are reduced against the base cost.

No, you only declare the capital gain (i.e proceeds less base cost of asset plus cost of improvements)