No, if the rental is reported on Schedule E, it is considered "Passive Income" and you may not use Section 179 or Bonus Depreciation.
(If you are a Real Estate Professional, the rental might be reported as a business, in which case accelerated depreciation might be allowed)
The depreciation life of a roof is 27.5 years.
The gutter expense could be added to the value of the roof.
Not being able to use Section 179 Deduction or Bonus depreciation for a rental is not so bad.
First of all, since it is Passive, a loss that is more than your rental income would need to be carried forward. passive loss only offsets passive income, so it wouldn't adjust earned income, such as wages.
Next, a sale of rental property usually results in Depreciation Recapture.
For example:
If you purchase rental property for 275,000
Rent and depreciated over ten years (100,000)
your "Adjusted Basis" is 175,000 (your cost minus the depreciation you took, so in this example 275,000 - 100,000 = 175,000)
If you sell the rental for anything over 175,000 (up to 275,000) you will have to report the amount over 175,000 as "Depreciation Recapture" which is Ordinary Income.
If you sell for 300,000, you would have 100,000 Ordinary Income and 25,000 Capital gains.
So although you CAN"T use accelerated deprecation in 2022 on a Rental, what you are "losing out" on really isn't all that much.
Passive Loss
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