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by debbie790
Sun Nov 16, 2014 1:06 pm
Forum: Canada / United States Tax & Accounting
Topic: US Return: Rental Property Depreciation
Replies: 1
Views: 1460

US Return: Rental Property Depreciation

Hi,

I purchased a new property in 2009 for US$300K. This was my primary residence till May31/2011. From June01/2011 its been rented out. On June01/2011 the market value of the property was US$350K.

1. Should the depreciation be on 300 or 350?

2. For how many years should the depreciation be ...

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