real estate investment property
February 13th, 2009 No comments
Can I use an accelerated depreciation schedule for residential real estate investment property?
I understand that I will need to use a 27.5 year lifespan for residential real estate investment property, but it is unclear whether I have to use straight-line calculation or not. I seem to remember there being an accelerated depreciation schedule available for 27.5 year lifespan property in the past, but I cannot find it on the IRS website now. Any help would be appreciated. Thanks.