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Deductions & credits
No. If the property was placed "in service" in 2018 (and not before) then residential rental real estate is depreciated over 27.5 years. If it's commercial business property you own, then it's depreciated over 39 years.
Foreign rental property is depreciated over 30 years *IF* placed in service in 2018.
Foreign rental property is depreciated over 30 years *IF* placed in service in 2018.
‎June 7, 2019
5:22 PM