Rental Property Depreciation Calculator
What is Property Depreciation?
Property depreciation is a tax deduction that allows rental property owners to deduct the cost of their property over its useful life, as determined by the IRS.
Depreciation Periods
Residential rental properties are depreciated over 27.5 years, while commercial properties are depreciated over 39 years under current tax law.
Land Value
Land value is not depreciable. Only the building and improvements can be depreciated for tax purposes.