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.
Real Estate Deal Analysis & Advice
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

75
Posts
50
Votes
Jeff Rogers
Pro Member
  • Investor
  • Duluth, MN
50
Votes |
75
Posts

Converting primary residence to rental - depreciation?

Jeff Rogers
Pro Member
  • Investor
  • Duluth, MN
Posted

Hi BP community!

New to this all, but have spent a couple months reading, listening to podcasts, reading forum posts. I started making an inquiry of an off market property and found a new/different opportunity from the same seller and am looking for some thoughts.

Basically I'm considering buying a SFH that's currently a rental, moving my family and I into it for 1-2 yrs, then holding onto it and rent it out. My question is if I make improvements on it in year 1 while it's a primary residence, can I take the expense write offs and begin the depreciation expenses in yr 2 when it's no longer primary but a rental? Ideally I'd like to take advantage of bonus depreciation and/or 100% bonus depreciation.

Thanks!

  • Jeff Rogers
  • Loading replies...