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New Member
posted Jan 22, 2024 2:09:29 PM

How do you make rental property depreciation method from SL to accelerated?

How do you make depreciation method from SL to accelerated?

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2 Replies
Level 15
Jan 22, 2024 2:27:48 PM

For business property classified as "Residential Rental Real Estate", you are required to use the GDS method, which for domestic rental property is 27.5 years straight line. Or you can use ADS over 30 years, but still straight line.I see no other options for that MACRS classification in pub 527 or pub 946.

 

 

Level 15
Jan 22, 2024 5:28:41 PM


@shohoku81 wrote:

How do you make depreciation method from SL to accelerated?


Rental real estate or personal property?