Hi everyone, first time posting here. I could use your help with the following two questions - How do I enter depreciation on my taxes if my property was used as a rental, then my personal residence, then rented out a...

Investors have long known that depreciation on depreciable real estate is an economic fiction. Since property values usually increase over time, depreciation has often been called a "phantom" expense. Congress even r...

How do I attain basis for depreciation on this property;l?I’m at odds with my CPA and looking to see what I can do to maximize my depreciation on the property  I purchased a multifamily at an incredible deal, way unde...

Do you pay back depreciation on installment home sale?

We have just made our first claim after major water damage in a rental. The insurance company deducted nearly 6K off the payout for depreciation?  This makes no sense to us and we have never heard of it before.  Is th...

Quick details: accidental-ish landlord. Always wanted to get in, just didn't buy this house with the intention of it being a rental. Purchased in 2008 for 155,000. Used as primary residence until placed in service on ...

I hear this question a lot, specifically from newbies, but not only newbies. It's a difficult subject to understand, so I thought I'd try to do a write-up and see how far I get. A lot of folks are telling me this is a...

If a multi family is financed under the terms of owner occupancy, will the tax benefits still be in effect? Depreciation, repairs, are they the same as a non owner occupant building?

We are keeping our starter home as a rental. I know I can depreciate the house on my taxes, and that I have to account for it later if/when I sell the property. However, I know you are only supposed to depreciate the ...

Does anyone have information on depreciation in the state of Kansas?I have a friend who says he can't get depreciation on his rental homes until he sales the property. Is this true? Because for me and my understandin...