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It depends. If we subtract 1994 from 2023 we have 29 years (prior to 2023). If this is the case and it's been depreciated from 1994 forward then you have used all of the 27.5 years of depreciation allowed on this property. Check you date placed in service and the total prior depreciation on your rental property. Please update here if you have more questions and see the chart below.
