Depreciation of appliances, fixtures.

[Justin Fox]

If you put your previous home up for rent (10 years old), can you depreciate the appliances, and fixtures separately even if the the appliances and fixtures are not brand new?

Thanks,

Justin

[Brandon Hall]

Originally posted by @Justin Fox:

If you put your previous home up for rent (10 years old), can you depreciate the appliances, and fixtures separately even if the the appliances and fixtures are not brand new?

Thanks,

Justin

 Yes, but you will need to commission a cost segregation study which it often not feasible unless you own commercial property or apartment buildings.