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Fundamental Rules of Depreciation for United States Property

Posted on 30 August, 2015 at 21:40 Comments comments (26)

This is a great post written by Richard Hart EA, CAA, President at Hart & Associates,

I get asked about the rules regarding US Depreciation of Income producing rental property quite often.  Below is a list of some basic rules.

  1. Residential buildings (dwellings, apartment buildings, condominiums, and co-op apartments) must be depreciated over 27.5 years.
  2. You cannot depreciate t...
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