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Updated over 2 years ago on . Most recent reply presented by

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Joel Duby
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Depreciation Timeframe for first time investor

Joel Duby
Posted

Probably dumbest question ever. Say you purchase a rental in November 2022 and have tenants immediately. Can write off depreciation for the full amount in that year? Second question. Say I want to build a house intended use airbnb. Buy property this spring 2023, building takes place all summer and fall into winter. Completes in spring 2024. Can I write if depreciation for house in 2023 even if it's had no tenants?

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