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Normally, residential real estate gets depreciated over 27

Posted by RajeevKumar

Normally, residential real estate gets depreciated over 27

5 years and nonresidential real estate gets depreciated over 39 years. This might mean that a $1,000,000 property which consists of an $800,000 building and a $200,000 piece of land produces $20,000 to $30,000 a year of depreciation deductions.

You can, however, use a trick called cost segregation to frontload your depreciation into the early years of ownership. (more…)

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