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January 22, 2025
Solved

If I bought a rental property in March, can I claim full depreciation for the entire year?

  • January 22, 2025
  • 1 reply
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Do I have to prorate depreciation based on the months I actually owned the rental property? (9 out of 12 months). Is bonus depreciation a factor in this at all?

Best answer by Mike9241

No, you can't. The month you bought it is not used to compute depreciation unless it was the same month you offered it for rent. Depreciation starts the month you offered it for rent, and for that month, you only get half a month's depreciation. 

1 reply

Mike9241Answer
January 22, 2025

No, you can't. The month you bought it is not used to compute depreciation unless it was the same month you offered it for rent. Depreciation starts the month you offered it for rent, and for that month, you only get half a month's depreciation. 

alfggAuthor
January 23, 2025

Thank you. That's very helpful!