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Investors & landlords
Although the building and any components (e.g. new roof) have to be depreciated over 27.5 years, exterior improvements (e.g. road or fence) are depreciated over 15 years.
Reference: https://learn.roofstock.com/blog/rental-property-depreciation#:~:text=The%20IRS%20allows%20you%20to,....
‎February 23, 2023
6:56 PM
2,250 Views