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Yes, the travel trailer is an asset and gets depreciated. The depreciation is an offset against your rental income that you collected.
See What is depreciation? and What is rental depreciation and how does it differ from an expense?Yes, the travel trailer is an asset and gets depreciated. The depreciation is an offset against your rental income that you collected.
See What is depreciation? and What is rental depreciation and how does it differ from an expense?Still have questions?
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