Carl
Level 15

Investors & landlords

Your "in service" date is the date the property was "available for rent". Generally, that's the day you put the "for rent" sign in the front yard. Deprecation starts on the in-service or available date. Also for your convenience if you need it, I've provided additional information in the answer box below. Sounds like you're a first time landlord. If so, I hope you find it helpful as well as educational and informative.