Tax, SDIRAs & Cost Segregation
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 11 years ago,
Costs to get property rent ready.
I have a house I have started to work on in one tax year and continued to the next year. I assume that I cannot depreciate the house till it is ready to receive tenants, and it is all depreciated over the 27.5 years even though it extends over two different tax years in the year it is placed in service?