What is depreciation in rental accounting?
Published October 1, 2026 · 1 minute read
The answer
Depreciation allocates the cost of certain assets over time under the relevant accounting or tax framework. It is different from paying cash for an item or reserving funds for replacement. Applicable treatment depends on the asset and circumstances.
Avoid treating a general explanation as a tax election or personalized strategy. Keep asset records and consult qualified guidance.
Further reading
These resources provide additional context. Check the official rules and documents that apply to your own situation.
This answer is general education. Apply it to the property's actual location, agreements, and circumstances. Where a decision requires professional advice, use a qualified adviser.
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