Hi,

I have a tax related question on the rental properties. I read that rental property purchase value will be depreciated to 0 over the course of 27.5 years and that depreciation can be tax deducted every single year for the first 27.5 years.

I am wondering if the depreciation tax deduction can be uses on top of the standardized deductions (vs itemized deductions). 

I know that the tax deductions on the mortgage interest, property taxes, operating expenses can't be combined with the standardized deductions, but I am not sure about the property depreciation.

Appreciate your help.

Thanks,

Murali