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how to calculate depreciation on rental property

1Answers
CeciliaLynn
11/28/2025, 07:00:58 AM

To figure rental property depreciation, subtract the land value from the total purchase price to get the depreciable basis. Then, apply straight-line depreciation over the IRS-defined 27.5-year period for residential property, which lets property owners deduct a consistent amount annually for tax purposes.

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