Question

For residential real estate investments, the depreciation period now is __________ years. A. 7 1/2 B. 17 1/2 C. 20 1/2 D. 27 1/2

Answer 1

The answer is 27.5 plz check ur answer if ur not sure

Answer 2

The correct answer is D.

Step-by-step explanation:

Real estate investors have the ability to depreciate the cost of a building (but not the land on which it is located) over the life of the property. This method is used to calculate the relative loss of value of the property over its useful life. Residential properties have a useful life of 27.5 years.

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