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Level 1
June 17, 2026
Question

Depreciation Question

I have segregated my rental property to depreciate items seperately. Example, my fence is on a 15 year depreciation schedule. If I build a new fence prior to 15 year point, how do I reconcile the old fence depreciation since I didn't depreciate it fully

    1 reply

    Level 15
    June 18, 2026

    you take a write-off for the remaining depreciation of the old fence.  I am assuming you tore down the old fence.