Christian U.
MACRS Annual Depreciation
Hi All,I currently only have one rental property, an SFR in Texas, that I've had rented for a few years now. When I put the property into service, I began to depreciate the property under the MACRS General Depreciatio...
Steve Maginnis
Depreciation and refinancing
Hello all. I have a fourplex that I only owe about $20K on. It is a C property and I've been owner financing it since I bought it 15 years ago. My understanding is that once I have fully depreciated a property, it ...
Michael Walton
Equipment/Tool depreciation
Hi,I've recently purchased some lawn equipment (leaf blower, lawn mower, weed trimmer) for the sole purpose of maintaining the property around my quad. How do some of you handle depreciating this type of equipment, a...
Kyle Scholnick
Depreciation still possible?
I am looking to buy a rental property turnkey. I understand some tax benefits should be money I used on maintenance and the mortgage, but the biggest one depreciation seems to be out of reach.Do most people still use ...
Kikko Maeyama
Depreciation as profit?
Hi everyone. In calculating on rental property cost/benefit, is it appropriate to consider annual depreciation amount that an investor gets to deduct from income tax filing as part of profit? Thank you.
Art Webb
Recapture Depreciation Taxes
I’m selling a beach house I’ve owned since 2006 that I rent out late May through mid October each year. Every year except 2014 to 2017 I’ve also used the house for personal use for several months. My personal use me...
David Stein
Depreciation Recapture + QBI
Hi fellow RE investors,
Quick question, I have been reading on QBI and I know that passive rental income qualify for the 20% deduction from QBI. However, when I sell the rental property, does depreciation recapture ...
Edita D.
50% bonus depreciation?
Hey guys!
I read in a tax book that for year 2012 there's so called 50% bonus available. Will you be taking advantage of this?
Thank you!
Account Closed
Question about depreciation.
When you sell a property and do a 1031 exchange to defer the capital gains, does the new property you buy restart the entire 27.5 year cycle all over again?
I know the capital gains follows you but can you continue t...
Kyle Meyers
Depreciation Class Lives
What items can be depreciated faster than 27.5 years? I found a list at http://www.trexglobal.com/assetlist.pdf do you agree with these classifications? I have been trying to classify the depreciable assets for my ren...