Can I depreciate a travel trailer that I rent out and collect income on?

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Can I depreciate a travel trailer that I rent out and collect income on?

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?

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Can I depreciate a travel trailer that I rent out and collect income on?

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?

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