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Depreciation Calculator

Compute annual straight line depreciation on a residential rental.

Result

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How it works

  1. Subtract land value from purchase price
  2. Divide the building basis by 27.5 (residential straight line)
  3. That is your annual depreciation deduction on Schedule E

Frequently asked

How do I know the land percentage?

Check your county assessor's land versus improvement split as a starting point.

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