Brown Nathan
Depreciation Land Vs Building
I have always been using a 85% building and 15% land value for calculating my depreciation basis. Now my accountant is saying I have to use the tax basis and the county is assessing most properties in my county at 50%...
Farrakh K.
Depreciation on Rental Sale
hi
I'm aware of depreciation reclaim when selling my property, but how do i deal with other assets such as washer dryers and furniture? What are the differences if the asset is sold or kept for personal use? I'm usin...
Craig Ts
Depreciations and tax benefits
All,Need help understanding personal income tax benefits of SFR depreciation, would be great if you can comment:Lets say one is not a real estate professional then, AFAIU depreciation (straight line or cost segregatio...
Dustin Awtrey
Depreciation on new duplexes
If I am building a new duplex on a lot that is already paid for and it cost me $100,000 to build, and the finish product is worth $250,000 and the value of the land is $50,000 which amount can I depreciate, the $100,0...
Matt Lord
Taxes and depreciation question
I’m a newbie here. Been listening to tons of the BP podcasts and I read a bunch of books. But my mind is somewhat simple. I’m having some trouble understanding a few things. My wife works full time, I recently walked ...
Reid Isaki
Depreciation recapture on improvements
I see tons of the same examples on depreciation recapture. My question is if i replace an appliance and depreciate it over 5 years does this need to be calculated into my depreciation recapture if i sell the property ...
Christopher J Lemmon
Determining Depreciation Write Off
I have 2 SFR that were purchased and placed into service this year. I have one more that was a personal residence that I placed into rental service at the beginning of this year. How do I determine what the depreciati...
Carmen Ngai
Depreciation and tax liability
Hi Everyone,
I am just starting out and looking for a rental property. So, I have lots of questions, especially about depreciation. I'd like to evaluate how it affects the tax consequence when I sell it some day....
Matt Bode
First Property Depreciation Question
I'm about to put my primary home up for rent and purchase a new primary. I own about 70% of the home. Question and I can't find a straight answer anywhere.Depreciation on the rental- I realize its over 27.5 years- is ...
Cara Lonsdale
Depreciation - What the heck??!
A few questions...........To what extend does depreciation really affect a person's taxes/capital gains on a property when it is sold?Does it benefit or harm a person to claim LITTLE TO NO depreciation each year on a ...