Jordan Decuir
Depreciation Strategy
I'm curious around the overarching strategy regarding accelerating tax depreciation through cost segregation. 1) Does this approach generally make sense on single family rentals?2) I have heard that the majority of th...
Scott W.
Depreciation items
I had to replace some windows for my rental last year. Believe it or not, I couldn't find much info on google except the IRS website had a Q&A stating windows must be depreciated over 27.5 years! I thought, "Since...
Stephen Race
Depreciation question
Does the basis for depreciation change each year if you have personal use (less than 10% of rented days)? For example, purchase price is $275. Depreciation is $10 / yr. with no personal use. If use 10% each yr, th...
Michael Osborne
Claiming depreciation
Hi Guys,I am moving into a new home in December and will be renting out my current condo. I understand that if I list the condo during this Calendar year I will then be able to claim depreciation. Is it worth trying t...
Ron P.
Tax Depreciation
I have a rental condo on leased land that I purchased and fixed up in 2014. Do I depreciate the full purchase price + rehab costs? Since I don't own the land there is no way to split the purchase price between land ...
Jackie Jerndal
depreciation recapture:
My question is:If I lived in my 2 family rental property for 2 years out of the 10 years i owned it, do I still owe depreciation recapture taxes.
Amy E.
Depreciating Areas
I live in a rural area and changes in the housing market tend to happen slowly. Additionally, we've got a ton of land and as neighborhoods fall "out of style", we just build new ones! Right now, I can hit the 2% rul...
James Maher
Depreciation basis
I bought a house in 2011 and lived in it prior to moving out at the end of 2014. February of 2015 I began renting the house. I am trying to determine my cost basis for depreciation. I know that it will be the lesse...
Payman A.
Depreciation recapture
Hi guys,Posted questions in the Tax category but didn't get any replies so coming back here where I've previously had great communications. One of my three questions is really not relevant so here are the other 2:- I...
Joseph S.
1031 Depreciation
I think this is a basic question about how depreciation works in a 1031 exchange and I think the easiest way to ask is through an example:I buy house A for $200k, over the course of 5 years depreciate $50k of it, and ...