Your new car may not hold its value as well as that old collectible toy you kept in perfect condition. Find out which ...

Residential rental property is typically depreciated at 3.636% per year over 27.5 years, which the IRS defines as the property's "useful life." Depreciation applies only to the buildings ...

Real estate investors who purchase a property to rent out to tenants as an income-producing business can depreciate the cost of maintaining or improving a particular property, which offers ...

But where property has depreciated in value, the resetting of the tax basis at death will not be beneficial. The reason is that the tax basis upon death will be decreased to the market value as of ...

Items fully depreciated are no longer carried as assets on the company books. Wear and tear, age, deterioration and obsolescence are a few of the reasons why property depreciates in value.

Do you own rental property? Besides the potential for regular income and potential capital gains, real estate investments ...