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Real Estate Depreciation Calculator

Calculates the IRS straight-line depreciation deduction for residential (27.5-year) and commercial (39-year) investment properties, prorated for the month first placed in service. Use it when preparing tax returns or forecasting deductions.

Property Purchase Price ($)

Land Value (Non-depreciable) ($)

Property Type

Month Placed in Service

Capital Improvements ($)

Fill in the required fields to see your result.

Accounting

Asset Depreciation Calculator

Compute annual depreciation expense for any asset using straight-line, declining balance, or sum-of-years-digits methods. Essential for accountants, small business owners, and financial planners preparing tax or GAAP financial statements.

Initial Cost of Asset ($)

Salvage Value ($)

Useful Life (years)

Depreciation Method

Year to Calculate (year)

Fill in the required fields to see your result.

Key differences

	Real Estate Depreciation Calculator	Asset Depreciation Calculator
Category	Real Estate Advanced	Accounting
Inputs required	5	5
Result	Annual Depreciation ($)	Annual Depreciation Expense ($)
What it does	Calculates the IRS straight-line depreciation deduction for residential (27.5-year) and commercial (39-year) investment properties, prorated for the month first placed in service. Use it when preparing tax returns or forecasting deductions.	Compute annual depreciation expense for any asset using straight-line, declining balance, or sum-of-years-digits methods. Essential for accountants, small business owners, and financial planners preparing tax or GAAP financial statements.