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.
General Landlording & Rental Properties
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 about 4 years ago,

User Stats

1
Posts
0
Votes
Grant Winslow
0
Votes |
1
Posts

How do I depreciate property when primary residence in between?

Grant Winslow
Posted

I purchased an investment property in 2011 which was rented out through 2016 and then became my primary residence for the past 4 years. I would like to place the property back into service in 2021 with the idea of eventually doing a 1031 exchange for another property with the intent of it eventually becoming my primary residence. I'm not sure what steps to take regarding depreciation. Do I continue with the original depreciation schedule for my 2021 tax filing, in which the property will be year 6 of the 27.5 year depreciation schedule, or do I need to establish a new depreciation schedule?

Loading replies...