Real Estate Depreciation Calculator

MACRS  •  Residential / Commercial / Foreign / QIP  •  Mid-Month Convention  •  Full Schedule
IRC §168 IRC §167 Rev. Proc. 87-57 MACRS GDS / ADS OBBBA (P.L. 119-21)
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Property Information

Purchase price + closing costs + improvements. IRC §1012.
Land is not depreciable. IRC §168(a). Use appraisal or assessed value ratio.
Cumulative depreciation already claimed. Adjusted basis = cost - accumulated depreciation.
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Depreciation Analysis

Depreciable Basis
$0
Cost minus land
Annual Depreciation
$0
Full year amount
Year 1 Deduction
$0
Mid-month convention
Recovery Period
-
MACRS years

Depreciation Schedule

Year Depreciation Cumulative Remaining Basis
Authority: IRC §168 (MACRS); IRC §167 (depreciation); Rev. Proc. 87-57 (MACRS percentage tables); IRC §168(c) (recovery periods); IRC §168(d)(2) (mid-month convention for real property); Treas. Reg. §1.168(d)-1; OBBBA P.L. 119-21 §70301 (100% bonus depreciation permanently restored for property acquired and placed in service after 1/19/2025; TCJA phase-down repealed prospectively); IRC §168(n) (qualified production property, new under OBBBA); QIP recovery period: IRC §168(e)(6); CARES Act §2307 (2020 technical correction).
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