I have an owner occupied duplex. For the first ten years, we rented the top floor, 50% of the house and depreciated at that level. We then renovated and for the past 16 years have rented 28% of the house and depreciated that percentage. My question is: is all depreciation complete in 27.5 years regardless of whether or not it was rented at 50% or 28% or does the depreciation on the 28% rented start the "clock" over on 27.5 years? In other words, does any depreciation end in 1.5 years or do I continued to depreciated the 28% rented for another11.5 years. Thanks!
