Why is depreciation for my 175K rental purchasred on 12/6/18 only $268. Land value 18K. Should be closer to $450, right?

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Why is depreciation for my 175K rental purchasred on 12/6/18 only $268. Land value 18K. Should be closer to $450, right?

The first month only gets a 1/2 month of depreciation. So that seems fairly close (actually, it seems a bit high for the numbers that you gave).

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Why is depreciation for my 175K rental purchasred on 12/6/18 only $268. Land value 18K. Should be closer to $450, right?

The first month only gets a 1/2 month of depreciation. So that seems fairly close (actually, it seems a bit high for the numbers that you gave).

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