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 about 3 years ago,
Can I depreciate assets which came with the property I purchased?
I just purchased some real estate for $390K. Within that real estate I have a number of assets. Can they be depreciated?
Example:
January 2021 fridge
January 2020 AC Unit
2016 washer and dryer
Furnace, etc.
If I can depreciate them do I try and find the value of when they were purchased or assign them reasonable value?
Thanks