Does the capex depreciation follow a new owner?

[Kevin Schulte]

Hello!

So my question is , lets say a property had a capital expenditure which they were allowed to depreciate over 15 years. 5 years later the property is sold to me.

Do I inherit the next 10 years of depreciation tax benefits from the cqpital expense of the previous owner?

[Chris Soignier]

No - depreciation schedules start over whenever a property changes hand.