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Rental Property Depreciation Calculator

Enter your rental property's building value (excluding land) to calculate annual straight-line depreciation.

How to use this tool

  1. 1Enter the building value, excluding land value.
  2. 2Adjust the useful life if needed (27.5 years is the US residential default).
  3. 3See the annual and monthly depreciation.

Frequently asked questions

Why is land excluded?+

Land isn't considered to wear out or lose value the way a building does, so only the building's portion of the purchase price is depreciable for tax purposes.

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