0 votes
How many years do you depreciate an apartment building?

1 Answer

0 votes
An apartment building's annual depreciation deduction equals the property's total cost minus the land value, divided by 27.5. The IRS does not allow you to depreciate land. For example, assume you plan to buy an apartment building for $925,000, which includes an estimated land value of $100,000.
Welcome to our site, where you can find questions and answers on everything about renting houses, apartments, villas, flats and other property in many countries
...