Hello All,

I am wondering if anyone would share their opinion or even expertise on depreciation vs repair.

I just had an old HVAC boiler replaced for $3900 including labor.

I know depreciation would cost out the ...

how does the depreciation tax credit work on a paid off rental property?   are we taxed more or less vs a rental with a mortgage? 

I just had my taxes done and my CPA didn't take off the land value of the property and depreciated the total cost of the real property. I don't think this is right. Can anyone help me out on this?Thanks

I have been renting my property since 2012. I have never depreciated it on my taxes. How would I go about making up this depreciation?

This was taken from a PM to a colleague.... After writing it up, I figured I'd put it here for your entertainment;) About the tax comment in my post...This is a simple example. The numbers are to show the point. Don't...

Hi folks,I am sure someone out there knows the answer to this...  What are depreciable closing costs?I think this means the seller is trying to get the buyer to pay for the depreciation that he has taken on the proper...

Hey everyone, hope all is well with you! I just want to make sure I'm getting the depreciation tax write off correct. Let me give an example to see if I got this right. If I have a property worth $300,000 and land is ...

Hi all, I'm doing a two family house hack in NYC. I closed the property on November 2019. Can I deduct the full first year depreciation? Thank you for your feedback.

Hello BP!!!!! I'm trying to figure out my depreciation for the upcoming tax year.I've only owned the rental since August 2020. I'm under the impression that you addpurchase price + rehab costs and - land value. Since ...

I have been renting out 60 percent of my house for the last 5 years. I used 60 percent for all depreciation regarding taxes. I moved to a new state and I now rent out 100 percent of my house. I'm wondering how to ca...