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Updated almost 8 years ago on . Most recent reply

User Stats

69
Posts
15
Votes
Daniel Smith
  • Studio City, CA
15
Votes |
69
Posts

Partial Month Depreciation?

Daniel Smith
  • Studio City, CA
Posted

I'm working on my Schedule E for last year. I have two properties. Property 1 was available for rent 11/15/16. Property 2 was available for rent 12/28/16. 

When calculating depreciation, it's my understand you can use partial months. So for property 1, I can depreciate for 1.5 months. However, for property 2, should I depreciate for 0.5 months? Or calculate no depreciation whatsoever, since there were only 4 available rental days?

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