{
  "id": "property-depreciation-real-estate-calculator",
  "version": "1.0.0",
  "name": "Property Depreciation Calculator: Real Estate",
  "shortName": "Property Depreciation Calculator: Real Est",
  "description": "Create a straight-line, mid-month-convention depreciation schedule for U.S. residential rental or nonresidential real property.",
  "category": "Finance",
  "categorySlug": "finance",
  "keywords": [
    "property",
    "depreciation",
    "calculator",
    "real",
    "estate",
    "property depreciation real estate calculator"
  ],
  "status": "live",
  "workStatus": "pending",
  "reviewStatus": "pending",
  "migrationStatus": "new",
  "engine": "native",
  "creator": null,
  "reviewer": null,
  "quality": {
    "availability": "live",
    "technicalReviewRecord": "/reviews/property-depreciation-real-estate-calculator.json",
    "qualifiedReview": "pending",
    "qualifiedReviewer": null,
    "qualifiedReviewDate": null,
    "formulaVersion": "1.0.0",
    "referenceCoverage": "references-pending",
    "releaseTestScope": "Catalog and regression checks are not a professional formula audit; consult release evidence.",
    "historicalMetadataDate": "2026-09-01",
    "historicalMetadataNotice": "The imported date is not evidence of a completed human review."
  },
  "notice": "U.S. tax depreciation is fact-specific and can change. Use current IRS guidance and a qualified tax professional for filings.",
  "urls": {
    "page": "/calculator/property-depreciation-real-estate-calculator/",
    "definition": "/calculator/property-depreciation-real-estate-calculator/definition.json",
    "schema": "/calculator/property-depreciation-real-estate-calculator/schema.json",
    "llms": "/calculator/property-depreciation-real-estate-calculator/llms.txt",
    "legacyDefinition": "/calculator/property-depreciation-real-estate-calculator.json"
  },
  "queryExample": "https://askcalculators.com/calculator/property-depreciation-real-estate-calculator/?buildingBasis=500000&propertyType=residential&placedInServiceMonth=7&bonusBasisAdjustment=0",
  "queryParameters": {
    "buildingBasis": {
      "label": "Depreciable building basis",
      "type": "money",
      "required": true,
      "default": 500000
    },
    "propertyType": {
      "label": "Property type",
      "type": "select",
      "required": true,
      "default": "residential"
    },
    "placedInServiceMonth": {
      "label": "Placed-in-service month",
      "type": "number",
      "required": true,
      "default": 7
    },
    "bonusBasisAdjustment": {
      "label": "Basis adjustments",
      "type": "money",
      "required": true,
      "default": 0
    }
  },
  "inputs": [
    {
      "id": "buildingBasis",
      "label": "Depreciable building basis",
      "type": "money",
      "required": true,
      "defaultValue": 500000,
      "min": 0,
      "step": 1000,
      "help": "Exclude nondepreciable land value."
    },
    {
      "id": "propertyType",
      "label": "Property type",
      "type": "select",
      "required": true,
      "defaultValue": "residential",
      "options": [
        {
          "label": "Residential rental property (27.5 years)",
          "value": "residential"
        },
        {
          "label": "Nonresidential real property (39 years)",
          "value": "nonresidential"
        }
      ]
    },
    {
      "id": "placedInServiceMonth",
      "label": "Placed-in-service month",
      "type": "number",
      "required": true,
      "defaultValue": 7,
      "min": 1,
      "max": 12,
      "step": 1
    },
    {
      "id": "bonusBasisAdjustment",
      "label": "Basis adjustments",
      "type": "money",
      "required": true,
      "defaultValue": 0,
      "step": 100,
      "help": "Positive or negative adjustment applied to building basis."
    }
  ],
  "outputs": [
    {
      "id": "adjustedBasis",
      "label": "Adjusted depreciable basis",
      "format": "currency",
      "primary": true
    },
    {
      "id": "firstYearDepreciation",
      "label": "First tax-year depreciation",
      "format": "currency"
    },
    {
      "id": "fullYearDepreciation",
      "label": "Full-year straight-line amount",
      "format": "currency"
    },
    {
      "id": "finalYearDepreciation",
      "label": "Final partial-year depreciation",
      "format": "currency"
    },
    {
      "id": "recoveryPeriod",
      "label": "Recovery period",
      "format": "text"
    },
    {
      "id": "scheduleYears",
      "label": "Tax years in schedule",
      "format": "integer"
    }
  ],
  "formula": {
    "expression": "annual depreciation = basis ÷ recovery years, with a half-month allowed in the placed-in-service and disposition months"
  },
  "examples": [
    {
      "label": "Reproducible default-input example (not a personal recommendation)",
      "inputs": {
        "buildingBasis": 500000,
        "propertyType": "residential",
        "placedInServiceMonth": 7,
        "bonusBasisAdjustment": 0
      }
    }
  ],
  "sources": []
}