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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.


I am however looking at making one of the units I am buying a 30 day plus furnished rental. It's as close to a vacation rental as I can get here without it being our primary residence. So we would be buying furniture, electronics, decorations and kitchenware, all of which adds up quickly. Would this not qualify for accelerated depreciation?

IP
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