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posted Nov 16, 2022 2:28:26 PM

Rental property depreciation- Dep. started 12/01/1995. How many years? When will dep. stop? Thanks, john Kiefer

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Level 5
Nov 16, 2022 2:34:58 PM

Hi John,

 

Great question. If we are speaking directly about the cost of the home and the improvements to the home, rental property depreciation extends for 27 1/2 years from the time the property is first put into use.

 

From 12/01/1995, the depreciation on that property would expire by May 31, 2023.