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 9 years ago,
Depreciation in primary residence turned rental
Hello everyone,
I am about to start renting what has been my primary residence for 4 years. Can I use depreciation to offset rental income from the property, and if so, when does the depreciation start, the month I turned it into an investment property or the day I purchased it originally, 4 years ago?
Thank you!