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 8 years ago on . Most recent reply

Depreciation and converting a Vacation home to a rental
I'm thinking of converting a vacation home to a rental. Obviously I can get depreciation advantages, but how do I do that? Do I simply start taking depreciation on Schedule E? Can I get retroactive advantages? How do I report depreciation/recapture taken when I sell?
Thanks!