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Old 11-16-2014, 01:10 PM
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Join Date: Nov 2014
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US Return: Rental Property Depreciation


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 spread over?


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