# Property Depreciation Calculator: Real Estate

> Create a straight-line, mid-month-convention depreciation schedule for U.S. residential rental or nonresidential real property.

Page: https://askcalculators.com/calculator/property-depreciation-real-estate-calculator/
Definition: https://askcalculators.com/calculator/property-depreciation-real-estate-calculator/definition.json
JSON Schema: https://askcalculators.com/calculator/property-depreciation-real-estate-calculator/schema.json
Version: 1.0.0
Maintained by: AskCalculators (software project; not a credentialed reviewer)
Qualified review: pending. Automated checks do not establish professional approval.
Page status: Live
Review status: Pending

## Use
Open the calculator page and enter values. Query-string parameters can restore and bookmark a calculation.
Example: https://askcalculators.com/calculator/property-depreciation-real-estate-calculator/?buildingBasis=500000&propertyType=residential&placedInServiceMonth=7&bonusBasisAdjustment=0

## Inputs
- buildingBasis: Depreciable building basis; type=money; required; default=500000; min=0
- propertyType: Property type; type=select; required; default=residential; values=residential|nonresidential
- placedInServiceMonth: Placed-in-service month; type=number; required; default=7; min=1; max=12
- bonusBasisAdjustment: Basis adjustments; type=money; required; default=0

## Outputs
- adjustedBasis: Adjusted depreciable basis; format=currency; primary
- firstYearDepreciation: First tax-year depreciation; format=currency
- fullYearDepreciation: Full-year straight-line amount; format=currency
- finalYearDepreciation: Final partial-year depreciation; format=currency
- recoveryPeriod: Recovery period; format=text
- scheduleYears: Tax years in schedule; format=integer

## Formula
annual depreciation = basis ÷ recovery years, with a half-month allowed in the placed-in-service and disposition months

## Rules
- Empty optional inputs are undefined, not zero.
- Hidden conditional inputs are ignored.
- Do not invent missing required inputs.

Notice: U.S. tax depreciation is fact-specific and can change. Use current IRS guidance and a qualified tax professional for filings.