Andrew Thomson
Depreciation for tax purposes
Hi there,
I'm unsure of the tax rules in USA but I'm familiar with them in Canada and I'm assuming they are similar with respect to depreciation (CCA in Canada). I'm relatively new (3 years) to the accounting world a...
Patrick Sears
Depreciation and ROI calculations
Hello,I was wondering how everyone here figures the tax benefits specific to real estate investing into their R.O.I. calculations. I notice that BP excellent calculators don't include that into their calculations. I...
Jim Macedon
Help With Depreciation Recapture
Could someone explain depreciation recapture to me?Here's the specific scenario I'm thinking about. You have a rental property for several years. You are obviously claiming depreciation during that time. You decide...
Jim Macedon
Depreciation of Cap Ex
My question is about depreciating capital expenses.I understand that I depreciate the building over 27.5 years. I have also been told that capital expenses must be depreciated rather than claimed as expenses. But ho...
Joe DeLuca
Septic Install - Deductions/depreciation
Good Morning everyone,So, here's the scoop, I'll be closing on a triplex (first deal, house hack, Hunterdon Co. NJ) within the next month. We are replacing the old (really old) septic system via a FHA 203K loan after ...
Culin Tate
Depreciation for Part-Timers
Hi Gang:So I was just listening to Episode 290: 7 paths to Financial Freedom and around strategy 5 or 6 the host(s) mentioned buying 1 house per year for 15 years. One of the stated benefits was taking the depreciatio...
Scott Edwards
Depreciation and Deal Analysis
The Bigger Pockets buy & hold analysis calculator does not take into account the tax benefit of long term ownership, which is substantial.
When presenting the analysis to someone not aware of tax benefits, that ...
Nick Gray
Residential RE Depreciation Calculation
I'm filing my 2017 tax return and calculating the Schedule E depreciation deduction for a duplex that I purchased in mid-December 2017. My understanding was that my duplex would be depreciated via a 27.5-year straight...
Ben Bradmon Jr
I can’t take depreciation?
I bought a 3/1 SFH for $22k put $6900 in rehab but the county has the land valued at $32,400. So I can’t take depreciation? I understand that it is the purchase price minus land value divided by 27.5 gives me what I c...
Joe R.
100% bonus depreciation question
Can I claim 100% bonus depreciation for tax year 2018 on a new air conditioner for a residential rental property?