Rental property depreciation
Straight-line depreciation under MACRS: 27.5 years for residential rental property, 39 years for nonresidential real property, mid-month convention. Land is not depreciable, so enter the building's basis only.
$13,939first-year depreciation
$14,545full-year depreciation
| Year | Depreciation | Remaining basis |
|---|---|---|
| 2026 | $13,939 | $386,061 |
| 2027 | $14,545 | $371,515 |
| 2028 | $14,545 | $356,970 |
| 2029 | $14,545 | $342,424 |
| 2030 | $14,545 | $327,879 |
| 2031 | $14,545 | $313,333 |
| 2032 | $14,545 | $298,788 |
| 2033 | $14,545 | $284,242 |
| 2034 | $14,545 | $269,697 |
| 2035 | $14,545 | $255,152 |
| 2036 | $14,545 | $240,606 |
| 2037 | $14,545 | $226,061 |
| 2038 | $14,545 | $211,515 |
| 2039 | $14,545 | $196,970 |
| 2040 | $14,545 | $182,424 |
| 2041 | $14,545 | $167,879 |
| 2042 | $14,545 | $153,333 |
| 2043 | $14,545 | $138,788 |
| 2044 | $14,545 | $124,242 |
| 2045 | $14,545 | $109,697 |
| 2046 | $14,545 | $95,152 |
| 2047 | $14,545 | $80,606 |
| 2048 | $14,545 | $66,061 |
| 2049 | $14,545 | $51,515 |
| 2050 | $14,545 | $36,970 |
| 2051 | $14,545 | $22,424 |
| 2052 | $14,545 | $7,879 |
| 2053 | $7,879 | $0 |