Rental Property Depreciation Calculator
Rental Property Depreciation Calculator. A landlord enters building basis, recovery period, and months in service to estimate annual and partial-year depreciation. Use it when setting up a rental-property basis worksheet.
Result
Estimate
How to interpret this result
Applicability and limits
Calculation basis
Formula
Calculation logicFormula definitions and substituted values.
Depreciable Building Basis
max(Total property basis before land allocation ($) - Land basis not depreciable ($), 0)
max(Total property basis before land allocation ($) - Land basis not depreciable ($), 0)Annual Depreciation
Depreciable Building Basis / Recovery period (years)
Depreciable Building Basis / Recovery period (years)Current Year Depreciation
Annual Depreciation * Months in service this year / 12
Annual Depreciation * Months in service this year / 12How to interpret this result
Rental Property Depreciation Calculator starts with a professional planning example. Edit any input to replace the example with your own facts; the first-screen metrics update from the resulting formula.
Rental Property Depreciation Calculator starts with a professional planning example. Edit any input to replace the example with your own facts; the first-screen metrics update from the resulting formula.Applicability and limits
This is a simplified straight-line estimate. It does not determine whether the basis allocation is supportable, the MACRS class or convention, improvements, bonus depreciation, partial dispositions, or recapture. Land basis is excluded from depreciation.
This is a simplified straight-line estimate. It does not determine whether the basis allocation is supportable, the MACRS class or convention, improvements, bonus depreciation, partial dispositions, or recapture. Land basis is excluded from depreciation.Calculation basis
Only the named inputs and formula relationships are used. Rates, limits, thresholds, eligibility flags, and jurisdiction assumptions are not silently looked up unless a verified dataset is listed.
Only the named inputs and formula relationships are used. Rates, limits, thresholds, eligibility flags, and jurisdiction assumptions are not silently looked up unless a verified dataset is listed.What to check
- A landlord enters building basis, recovery period, and months in service to estimate annual and partial-year depreciation.
- Use it when setting up a rental-property basis worksheet.
- This is a simplified straight-line estimate. It does not determine MACRS class, land allocation, conventions, bonus depreciation, partial dispositions, or recapture.
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