Rental Property Depreciation Calculator – IRS 27.5-Year MACRS Schedule

Calculate annual real estate tax depreciation write-offs using the IRS 27.5-Year Straight-Line MACRS Schedule.

Rental Property Depreciation Calculator – IRS 27.5-Year MACRS Schedule
%
Non-Depreciable Land Value —
Depreciable Building Cost Basis —
Annual IRS Tax Depreciation Write-Off (27.5 Yrs) —
Monthly Tax Depreciation Write-Off —
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History — Rental Property Depreciation Calculator – IRS 27.5-Year MACRS Schedule

# Time Purchase Price Land % Building Basis Annual Write-Off Action

Depreciation Schedule Table ($400,000 Residential Purchase)

Asset Component Value Allocation Depreciable? Annual IRS Write-Off 27.5-Yr Cumulative Tax Deductions
Land Value (20%) $80,000 ❌ No $0.00 $0.00
Building Structure Basis (80%) $320,000 ✅ Yes $11,636.36 / year $320,000.00

Frequently Asked Questions

How does IRS rental property depreciation work?

The IRS allows residential real estate investors to write off the building value (excluding land) evenly over 27.5 years as a non-cash paper expense, reducing taxable rental income.