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do you have to depreciate rental property

1Answers

VanAlessandra

11/28/2025, 07:21:57 AM

Yes, if you own rental property in the U.S., the IRS generally requires depreciation. You must report all rental income, and depreciation allows you to recover the property’s cost (excluding land) over a specified period, accounting for wear and tear. This process is mandatory for tax purposes and helps offset taxable rental income.

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