Depreciation Calculator for Rental Property

Estimate your annual and total depreciation deduction for residential or commercial rental property. See how much you can deduct each year and over the life of the property.

Get Started How It Works
Depreciation Illustration
This calculator is for informational purposes only and does not constitute tax or legal advice. Please consult a qualified tax advisor for your specific situation.
Step 1 of 8

Property Details

Property Value ($)
$
Land Value ($)
$
Improvements ($)
$
Placed in Service Year
Years to Calculate
Property Type

How This Rental Property Depreciation Calculator Works

This rental property depreciation calculator estimates annual and total depreciation deductions using the straight-line method, the standard for U.S. tax purposes.

Depreciable Basis

Land is not depreciable. The depreciable basis is the building value plus improvements:

Depreciable basis = Property value − Land value + Improvements

Recovery Periods

  • Residential rental: 27.5-year recovery period
  • Commercial: 39-year recovery period

Formulas

  • Annual depreciation = Depreciable basis ÷ Recovery period
  • Total depreciation = Annual depreciation × Years calculated

Disclaimer

This tool is for informational purposes only. Actual tax outcomes may vary. Consult a qualified tax advisor before making decisions.

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