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Updated almost 7 years ago on . Most recent reply

User Stats

31
Posts
7
Votes
Chris Conde
  • Rental Property Investor
  • North Chelmsford, MA
7
Votes |
31
Posts

Depreciation Calculation: per day owned or per year?

Chris Conde
  • Rental Property Investor
  • North Chelmsford, MA
Posted

Hi all, So I bought an investment property 4 days before the end of the year in 2017. When I calculate depreciation is it based on the days owned in that year or by the year? So to use a very simple math example: if a full year's depreciation (house value, closing cost, less land, etc. / 27.5) is $365 then 4 days of ownership would allow me $4 of depreciation or do i use the full $365?

Thanks!

Beck

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