Message Font: Serif | Sans-Serif
 
No. of Recommendations: 4
If you are looking for additional tax advantages in 2019 you might be able to use an accelerated depreciation approach to front load the depreciation and get larger tax deduction.

Real estate is not eligible for any accelerated depreciation. It's straight line depreciation with a mid-month convention (the property is considered placed in service for 1/2 of a month in the month is is placed in service).

That said, it is possible to segregate out some assets from the property and get accelerated depreciation on those assets. But for a typical single family residential rental property, we're not talking about a lot here - arguably not enough of a difference to pay for the time and effort of separating those assets out.

--Peter
Print the post  

Announcements

Disclaimer:
In accordance with IRS Circular 230, you cannot use the contents of any post on The Motley Fool's message boards to avoid tax-related penalties under the Internal Revenue Code or applicable state or local tax law provisions.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.