Reply To: Rental Property Roof Depreciation?

Home Fairmark Forum Taxation of Investments Rental Property Roof Depreciation? Reply To: Rental Property Roof Depreciation?

#20901
Jannie
Participant

Found info about yrs to depreciate – then something about “bonus depreciation”. If I understand this would mean If the roof cost 10,000 I could take that depreciation immediately – Of course it may cause a lost for that year.
Though – on the other hand – if I sell the property in a few yrs, I would have to “recapture” that $10,000.
Researching just led to more questions that answers:)