Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Tax, SDIRAs & Cost Segregation
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 6 years ago,

User Stats

2
Posts
0
Votes

Depreciation on reconversion to rental

Erik Cota-Robles
Posted

My property was a primary residence for 2 years, then a rental dwelling for 23 years, and for the last 4 years has again been my primary residence.  I'm considering moving overseas in the next couple of years and renting it out.

Questions:

1) will the depreciation continue as before for the remainder of the 27.5 year term?  (I.e., 4.5 years).

2) we've done a lot of remodeling, some of which has been non-trivial  (e.g., a new bathroom).  Can those expenses be added to the basis and depreciated?

3) If yes to #2, is the depreciation separate and if so, for how many years?

Thanks.

--Erik

Loading replies...