Hello everyoneI am purchasing a multifamily property in a couple weeks and  I am wondering - how much depreciation expense can I take in the first year (2015 tax year)?  Since I am closing in late November, will I onl...

I'm working through some tax prep, and was trying to get to a depreciation value to use on secondary that I converted to a rental. The value assessed by the county is easy to find/use, but my property is worth more th...

As a rental property owner I found there is something new to deduct which is not available from a owner occupied property..  which is depreciation of the rental property.My understanding is that you get that years ove...

I’ve owned a rental for roughly 10 years but have never depreciated the property. I recently learned that I’ll have to "recapture" all allowable depreciation (taken or not) when I eventually sell the property, so this...

Hello Bigger Pockets
community,
Need some
advice/recommendation.
I am about to
undertake two rehab projects - first one would be an Airbnb rental and the
other would have annual residential leases.
Both prope...

I bought a condo in Laguna Niguel CA in December 2009 (7+years ago).  I lived there one year then bought a bigger home with my new wife.  I continued to own and rent the condo.  Cash flow in coastal CA is very hard to...

also I sold another rental 2- fam for $ 900k- taking big tax hit as 1031 was not an option-depreciation @ 25% rate no fun- anyone know tax avoidance ideas ??also some small 5 yr depreciation items may have been delete...

let's say I have rental property income of $15k per year, expenses of $4k and depreciation of $5000I am in a 40% tax bracket When I write off my expenses And depreciation on my taxes, am I writing off a total of $9k (...

Does anyone have any experience with depreciating a tiny home? I am looking into acquiring a tiny home for a STR and want to understand what depreciation benefits I will have, or lack thereof. 

Hi All,Recently purchased a older commercial property. The property has had two previous owners. My question is; can I use depreciation against my rental income (on the standard 27.5 years schedule) even though the pr...