Rental depreciation and deductions - getting started

[Nick Kellar]

I purchased a house for cash in NH in 2015. I had a family member live in the house until June of 2018. 

In July I completed a lot of updates to the house (new well, new 200 amp electrical service and panel, new windows, replaced forced air ductwork, added a bathroom. 

The house was then rented in August of 2018. 

Net income for the house after property tax and insurance is $500 per month. 

I am retired and my income is thru 1099s not W2. 

Trying to understand if depreciation on the house now that it is a rental is appropriate, also heard that 100% of improvements can be written off in the year they occurred. 

Also trying to understand section 179 and if this property would be included.

Connecting with a professional who could get me pointed in the right direction, and perhaps reading material for non professionals would be helpful.

Nick