Investors & landlords

either enter 35% of cost or enter full cost and enter business use as 35% on the same form that the property is entered.  (line 6)

 

if depreciation for a full year is 10K you don't get 75% because of the mid-month convention for rental property.

say rental started in april you will only get 8.5/12 of the $10K as the depreciation.