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Updated over 5 years ago on .

User Stats

28
Posts
3
Votes
Reid Isaki
  • Culver City, CA
3
Votes |
28
Posts

Depreciation on investment rental to primary back to rental

Reid Isaki
  • Culver City, CA
Posted

Curious if i bought a rental in 2000 rented it for 5 years, then converted it back to primary and lived in it for 5 years(2010) and then rented it again how would you calculate depreciation? Does the 27.5 years reset in 2010 or in 2010 would i have 22.5 years left to depreciate the property?  It's it possible to convert rental to primary back to rental?

thanks!!