Skip to content

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

72
Posts
9
Votes
Lawrence Paul
  • Rental Property Investor
  • Montgomery County
9
Votes |
72
Posts

Depreciation on Purchase price or refinanced price?

Lawrence Paul
  • Rental Property Investor
  • Montgomery County
Posted

Hello again,

So, I have a few properties that I cash-out-refinanced on this year.

My original purchase price is much lower than cash-out-refinance price.

Do I depreciate on original purchase price or the new appraised cash-out-refinance price?

Thanks!

Loading replies...