DianeC958
Expert Alumni

Investors & landlords

Yes, since you have using the property again as a rental the depreciation amount will be the same as the prior years.

 

Depreciation for a rental property is straight line depreciation where the cost of the rental is divided over 27.5 years to give you an amount you can take for depreciation each year.

 

Depreciation of Business Assets

 

@odnok2001 

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