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Rental property depreciation for landlords

Building cost / 27.5 years

Can You Write Off Rental Property Depreciation for Landlords?

Short answer: Yes: landlords depreciate residential buildings over 27.5 years (not the land).

Cost segregation can accelerate parts into 5-15 year property eligible for bonus depreciation.

Records to keep: Keep receipts, 1099s and platform tax summaries, a mileage log, and a note of the business purpose.