Can I take Both the Standard deduction AND depreciate a Rental House etc.?

[nordelectro2]

Thinking of depreciating rental homes and a couple new roofs, but the Standard deduction is more.  Wondering If I can take the Standard Deduction and the Depreciations at the same time.

[Mike9241]

if you have rental properties they must be depreciated.  the standard deduction is completely separate from the reporting of rental properties which goes on schedule E.    if you had rental properties in prior years that you did depreciate see a tax pro so the issue can be corrected now.   if you wait, you'll face a worse problem when you sell or trade the properties.  The tax laws require that the depreciation you should have taken but didn't be taken into account when a rental property is sold or traded for another.  besides your losing out on tax deductions.   

[Carl]

Depreciation on business property (which is what rental property is) has nothing to do with you taking the standard deduction or itemizing deductions. You are required by law to depreciate rental property. It's not an option.